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Foamex International Inc. (FMXI) Message Board

  • foamtruth foamtruth Aug 11, 2005 12:41 PM Flag

    qualifying for bkrptcy.

    Agreed that swatzabugger is more civil than most but that doesn't make him right. August 15 bond date is a qualifying event. Months ago Chorman said he had it covered and then he got an additional $38mil.. Foamex cash flow really gets strained in September 15 to middle of October. There is really too much going on to predict something will happen in next two weeks. IF Foamex makes the bond payment the stock will move positively but watch out for late September.

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