up up up
I agree Jones will survive. The new CEO (former CFO) will cut costs, which is Jones biggest problem. Meissners approach was to grow revenues to be a large national brand.Let Jones be a small regional brand if need be to get costs aligned with revnues.Either that, or the CEO and the BOD will sell the company.I think Jones can be successful if they stop the cash bleed.
Jones looks doomed to me. The 2nd quarter of 2007 was their last profitable quarter should give you an inclination of where this is headed.