TCR_Public/001108.MBX              T R O U B L E D   C O M P A N Y   R E P O R T E R

                Wednesday, November 8, 2000, Vol. 4, No. 219


AMERICAN METROCOMM: Cisco Purchases $19 M Assets, Could End Legal Squabble
CHASE COMMERCIAL: Fitch Rates Mortgage Securitization Certificates
CONSTELLATION 3D: Working Capital May Have Run Out Last Month
CRIIMI MAE: Announces Closing on $200 Million Purchase Agreement With ORIX
CRIIMI MAE: Court Announces Approval of Second Amended Disclosure Statement

DRUG EMPORIUM: Analysts See Increasing Availability Under Credit Facility
DYERSBURG CORP: Disclosure Statement Approved; Confirmation on Dec. 14
FINOVA GROUP: Lender Strives Still For Ways On Improving Financial Status
FRENCH FRAGRANCES: Moody's Places Ratings on Review for Possible Downgrade
IMC GLOBAL: Moody's Downgrades Rating for Commercial Paper to Prime-3

INTEGRATED HEALTH: Stipulates that Lenders Can File One Proof of Claim
JAGNOTES.COM: Need for New Financing Has Reached a Critical Point
LAROCHE INDUSTRIES: Completes Sale of Chemical Business To Orice Nitrogen
LOEWEN GROUP: Loewen Kentucky's Moves to Sell Assets For $16,154,000
LOGOATHLETIC INC: Case Summary and 28 Largest Unsecured Creditors

NATIONAL FINANCE: Involuntary Dismissed & Company Enters Chapter 11
OWENS CORNING: First Meeting of Creditors Scheduled For December 1, 2000
PARAMARK ENTERPRISES: Shareholders to Vote on Liquidation Plan Dec. 15
PSINET INC: Moody's Places Ratings on Review for Possible Downgrade
SPECIALTY FOODS: Sells Mother's Cake & Archway to Parmalat for $250 Million

TRSDS INC: Says Restaurants Still Profitable Despite Bankruptcy Filing
U.S. WIRELESS: Shareholders Asked to Ratify M.R. Weiser Engagement
VENCOR INC: Files First Amended Plan of Reorganization
VILLAGEEDOCS, INC.: Management Actively Pursuing Financing Options
WASTE MANAGEMENT: 3Q Financial Results for Period Ending Sept 30, 2000

WASTE MANAGEMENT: Appoints James T. Schultz as Health & Safety Vice Pres

* Meetings, Conferences and Seminars


AMERICAN METROCOMM: Cisco Purchases $19 M Assets, Could End Legal Squabble
The U.S. Bankruptcy Court in Wilmington approved an asset sale between
American MetroComm Corp. and Cisco Systems Inc., Dow Jones reports.  Cisco
will purchase the assets of American MetroComm for $19 million, Doug Bacon,
Esq., says.  Mr. Bacon, who represents American MetroComm, works for the
law firm of Latham & Watkins.  Bacon added that the Cisco will also
subordinate more than $57 million in claims against AMC.  Cisco will then
be able to purchase the legal claims that AMC has against it.  The deal,
it's believed, will wrap-up all the legal battles between the companies.

CHASE COMMERCIAL: Fitch Rates Mortgage Securitization Certificates
Chase Commercial Mortgage Securities Corp.`s commercial mortgage pass-
through certificates, series 1997-2, $128.8 million class A-1, $390.1
million class A-2, and interest only class X are affirmed at `AAA` by
Fitch. In addition, the $32.6 million class B certificates are affirmed at
`AA`, $48.8 million class C at `A`, $44.8 million class D at `BBB`, $12.2
million class E at `BBB-`, $48.8 million class F at `BB`, $6.1 million
class G at `BB-`, $12.2 million class H at `B`, and $8.1 million class I at
`B-`. The $11.8 million class J certificates are not rated by Fitch. The
rating affirmations follow Fitch`s annual review of the transaction, which
closed in December of 1997.

The certificates are collateralized by 162 fixed-rate mortgage loans and
consist mainly of the following: retail (36%), multifamily (29%), office
(16%), and hotel (10%). There are large geographic concentrations in
California (15%) and New York (13%). The pool also consists of three
qualifying credit tenant lease (CTL) loans (1.7% of the pool) guaranteed by
two tenants: Wal-Mart Stores, Inc. and Food Lion, Inc. As of the October
2000 distribution date, the pool`s aggregate certificate balance had
decreased by 8.6%, to $744 million from $814 million at closing. Five loans
have paid off since origination, including three loans since last year`s
review. Total losses have amounted to approximately $2.5 million, with an
average percentage loss of 51%.

Master servicer Chase Manhattan Bank provided year-end 1999 financials for
156 loans, representing 97% of the pool. According to the information, the
1999 weighted average debt service coverage ratio (DSCR) is 1.54 times (x),
compared to the underwritten DSCR of 1.49x. Five loans (3.3% of the pool)
have year-end DSCRs below 1.00x, including four loans that are secured by
multifamily properties. In addition, two loans (0.9% of the pool) are being
specially serviced.

As part of Fitch`s analysis, the loans identified as potential problems
were assumed to default at various stress scenarios. The resulting
subordination levels were sufficient to maintain the current ratings.

CONSTELLATION 3D: Working Capital May Have Run Out Last Month
Due to its lack of operating revenues, accumulated operating losses of
$13,488,307 and the need for additional working capital, there is no
assurance that CONSTELLATION 3D, INC., will be able to continue as a going
concern. The Company's independent certified public accountants modified
their opinion on the Company's Financial Statements in the Company's
amended Form 10-K filed with the Securities and Exchange Commission on
March 31, 2000 to express their substantial doubt about the Company's
ability to continue as a going concern.

In a regulatory filing delivered to the SEC last week, CONSTELLATION 3D,
INC., indicates that it believes it has sufficient working capital to
sustain its operations through September 2000. The company makes no further
disclosure about whether it has sufficient liquidity to pay obligations in
October, November or thereafter.

As a research and development company in the data storage technology field,
CONSTELLATION 3D notes, it continually expends large amounts of capital
over short periods of time. The Company is currently generating no revenues
and does not expect to do so until early in 2001. There is no assurance
that revenues generated in future operations, if any, will be sufficient to
finance the complete cost of the Company's research and development.
Additional funds will be required before the Company achieves positive cash
flow from operations. Future capital requirements and profitability depend
on many factors, including, but not limited to, the timely success of
product development projects and the timeliness and success of joint
venture and corporate alliance strategies and marketing. The Company is
actively in the process of raising additional capital, including the
issuance of convertible debt securities and the potential issuance of
preferred shares. The Company's outstanding convertible debt contains no
restrictions on the further incurrence of indebtedness nor does such debt
adversely affect the Company's liquidity. However, future debt or preferred
share offerings could result in restrictions that could make payments of
such debts difficult, create difficulties in obtaining further financings,
limit the flexibility of changes in the business, and cause substantial
liquidity problems. However, there can be no assurances that financing or
additional funds needed will be available when needed or, if available, on
terms acceptable to the Company. Additional equity or convertible debt
financing, if obtained, could result in substantial dilution to
shareholders. The Company is not currently considering acquiring a bank
credit facility.

CRIIMI MAE: Announces Closing on $200 Million Purchase Agreement With ORIX
Commercial Real Estate reports on the closure of a $200 million purchase
agreement between ORIX Real Estate Capital Markets and Criimi Mae Inc.  
Orix purchased mezzanine and junior-grade commercial mortgage-backed
securities from Criimi Mae.  An unknown source stated that even though the
exact amount is unknown, the deal may be less than expected.  ORIX also
purchased about $400 million of Criimi bonds earlier this year.  

CRIIMI MAE: Court Announces Approval of Second Amended Disclosure Statement
The U.S. Bankruptcy Court for the District of Maryland, Greenbelt Division,
has entered an order approving the Rockville, Md.-based Criimi Mae's
proposed second amended joint disclosure statement and other proposed
solicitation materials. The court has scheduled a confirmation hearing on
Criimi Mae's third amended joint reorganization plan for Nov. 15.
The company's reorganization plan was filed with the support of the
official committee of equity security holders of Criimi Mae's, which is a
co-proponent of the plan. Under the plan, Merrill Lynch Mortgage Capital
Inc. and German American Capital Corp., two of the company's largest
secured creditors, would provide a significant portion of the
recapitalization financing contemplated by the plan. Since filing chapter
11 on Oct. 5, 1998, Criimi Mae has suspended its loan origination, loan
securitization and commercial mortgage-backed securities (CMBS) acquisition
businesses. (ABI, 06-Nov-00)

DRUG EMPORIUM: Analysts See Increasing Availability Under Credit Facility
Availability on Drug Emporium's (Powell, OH) $110 million credit facility
has fluctuated from $4 million two weeks ago to $10 million last Wednesday
and, based on a conversation with the Company, F&D Reports' Analysts
confirmed that as of November 2, 2000 was $17 million. Additional
discussions F&D had with Drug Emporium officials revealed that availability
is expected to be up to approximately $25 million within the next week or
so. Apparently, availability was low due to seasonal borrowing requirements
and additional usage due to credit restrictions for seasonal merchandise.
Although the Company sold its struggling subsidiary, it
received stock, and not cash in the transaction, making it difficult to
service the remaining debt related to the e-commerce unit. Despite the
recent low level of availability, the Company remains in compliance with a
covenant requiring minimum borrowing availability of $10 million on a
rolling one-month basis. However, for the month of November, the covenant
requirement is relaxed to a minimum of $7.5 million of availability on a
rolling one-month basis. Looking ahead, the Company expects to release
earnings results for the third quarter by mid-December.

DYERSBURG CORP: Disclosure Statement Approved; Confirmation on Dec. 14
Almac Knit Fabrics Inc., its parent Dyersburg Corp., and a number of
affiliates, received bankruptcy court approval of the disclosure statement
related to their pre-negotiated plan of reorganization. Dyersburg's Chief
Financial Officer William Shropshire Jr. told DBR that there were no
objections to the adequacy of the disclosure statement. Judge Mary F.
Walrath of the U.S. Bankruptcy Court in Wilmington, Del. has scheduled the
plan confirmation hearing for Dec. 14. The fabrics maker has a term sheet
for exit financing to be provided from its existing lenders, Shropshire
said. The lenders, who are led by Fleet National Bank, will provide a $74
million revolving loan and a $22 million term loan, the same amounts
currently provided under the debtor-in-possession financing facility. The
exit facility will replace the DIP facility once the plan becomes
effective. (ABI, 06-Nov-00)

FINOVA GROUP: Lender Strives Still For Ways On Improving Financial Status
Still searching for means of improving its financial state, Finova Group
Inc. is a specialty lender based in Scottsdale. "The board, management and
the company's investment banker, Credit Suisse First Boston, continue to
pursue potential opportunities regarding a sale or significant equity
infusion.  In addition, Finova has begun to implement a new strategic
direction that will focus on core specialty niche businesses," said Finova
chairman John Teets.

Finova struggled to right itself after a huge write-off in March together
with the departure of its CEO.  Finova has stopped operations in other
business and offered selling its Corporate Finance, Business Credit, Growth
Finance and Distribution and Channel Finance.

FRENCH FRAGRANCES: Moody's Places Ratings on Review for Possible Downgrade
Moody's Investors Service placed the ratings of French Fragrances, Inc.
(FFI) under review for possible downgrade. The ratings affected are the B2
sr. unsecured notes due 2007; the Ba3 sr. secured credit facility and the
B1 sr. implied.

The review was prompted by the announcement that FFI will acquire the
Elizabeth Arden and Elizabeth Taylor cosmetics and fragrances businesses
from Unilever in a cash and convertible stock transaction. While this
purchase can be viewed as an appropriate strategic move on the part of the
company, Moody's will review the structure and financial impact of the
acquisition, including the structure of new debt financing and likely
integration issues, to determine whether a rating action is warranted.
Should a material amount of additional secured debt be used to finance this
acquisition, versus additional unsecured high yield notes, the rating on
the existing senior unsecured notes could be subject to downgrade.

The announced purchase price of $240 million will consist of $190 million
in cash and $50 million (face value) of convertible preferred stock to be
issued to Unilever. As a result of this transaction, Unilever will hold a
20% stake in French Fragrances. Unilever PLC, based in London, England, and
Unilever NV, based in Rotterdam, The Netherlands, are the two parent
companies of the Unilever Group, one of the world's largest manufacturers
and marketers of branded and packaged consumer goods, with 1999 total
revenues of NLG 91 billion.

French Fragrances, Inc., headquartered in Miami Lakes, Florida, is a US
manufacturer and marketer of prestige fragrances and related cosmetics and
skincare products, whose brands include Halston, Geoffrey Beene and
Benetton. The acquisition will add Elizabeth Arden's Red Door, 5th Avenue
and White Shoulders fragrances; the Ceramides, Millenium and Visible
Difference skincare brands and the Elizabeth Taylor White Diamonds and
Passion fragrances. In addition, the company's staff will increase from 800
to 2,300 employees worldwide. For the fiscal year ended January 31, 2000,
French Fragrances reported sales of $361 million and proforma sales after
the acquisition will be approximately $800 million. FFI plans to change its
name to Elizabeth Arden after a December shareholders' meeting.

IMC GLOBAL: Moody's Downgrades Rating for Commercial Paper to Prime-3
Moody's Investors Service downgraded IMC Global Inc.'s rating for
commercial paper to Prime-3 from Prime-2 and confirmed the company's Baa2
senior unsecured debt ratings. However, rating outlook on the company's
long term debt was changed to negative due to concerns over the combined
impact of a weak market for phosphate fertilizers and delays in divesting
non-core assets. These actions conclude the review began on August 8, 2000.

Ratings downgraded:

    * IMC Global Inc.

      a) rating for commercial paper to Prime-3 from Prime-2

Ratings confirmed:

    * IMC Global Inc.

      a) Senior unsecured notes and debentures at Baa2;

      b) sr. unsecured credit facility at Baa2;

      c) universal shelf (sr. at Baa3).

    * Phosphate Resource Partners LP

      a) Senior unsecured notes and debentures at Baa3;

      b) sr. subordinated notes at Ba2.

IMC's Baa2 ratings are supported by the company's leading position as the
largest global supplier of phosphate and potash fertilizers. In addition,
the cost reduction programs initiated in 1998 and 1999 should provide
significant upside leverage to earnings and cash flow when fertilizer
prices increase above current levels. The ratings are also supported by the
relative stability of potash fertilizers and salt, both of which have
better long-term supply/demand fundamentals. The ratings are tempered by
the company's inability to divest non-core assets, which has exacerbated
the negative impact of the trough in phosphate fertilizers on the company's
financial ratios and will continue to severely constrain the company's
financial flexibility.

The downgrade of the rating for commercial paper to Prime-3 reflects the
company's limited financial flexibility and our expectation that the
company may continue to experience difficulty in selling non-core assets,
thereby limiting IMC's ability to significantly reduce debt in the near-
term. The company has recently renegotiated its credit agreement to provide
more flexibility in the financial covenants, thereby increasing our comfort
with the availability of funds under the agreement. However, due to the
continuing trough in phosphate fertilizers and the failure to divest non-
core assets, the company has greater exposure to events beyond management's
control; these include the purchasing patterns of importing countries and
the health of the farm economy, which may have a significant impact on the
company's earnings and cash flow over the next year.

The long-term debt ratings confirmation anticipates that management will
continue to focus on the repayment of debt with cash flow from operations
and proceeds from divestitures. Furthermore that management will refrain
from share repurchases or other significant investments except those that
will improve the supply/demand balance in phosphate fertilizers. The
confirmation also reflects management's continued commitment to reduce debt
over the intermediate-term. Despite the weak operating performance and the
failure to complete divestitures, IMC has repaid roughly $180 million of
debt in 2000.

The ratings outlook on the long term debt has been changed to negative due
to concerns over management's ability to sell the salt and chemicals
assets, as well as the longer than anticipated trough in phosphate
fertilizers. Although prices for DAP have rebounded from the lows
experienced in 1999, we believe that prices will remain below the $150-
155/short ton range for the next two to three years. In addition, due to
high debt levels the company remains exposed to unanticipated events that
could significantly impact fertilizer pricing or volumes.

Lower phosphate export volumes in 2000, have had more to do with low crop
prices and significant reductions in international inventories than with
new international production capacity. New plants in Australia and India
have had significant production problems and will continue to operate below
nameplate capacity. The combination of lower than anticipated international
production capacity and lower international phosphate fertilizer
inventories should have a modest positive impact on US export sales volumes
in 2001. In addition, PhosChem's recent marketing agreement with Apatit
should provide better price discipline in Asia.

IMC Global Inc., headquartered in Lake Forest, Illinois, is a leading
global producer of phosphate and potash fertilizers and animal feed
ingredients. IMC reported revenues $2.4 billion in 1999.

INTEGRATED HEALTH: Stipulates that Lenders Can File One Proof of Claim
Prior to the commencement of the Debtors' chapter 11 cases, Integrated
Health Services at Highlands Park, Inc., IHS Development Highlands Park,
Inc., State Street Bank and Trust Company of Connecticut, National
Association, Erie J. Donaghey, Citicorp USA, Inc., as the Certificate
Holder, Citicorp USA, Inc., as Agent, and the Lenders, were parties to a
Participation Agreement relating to, inter alia, the construction, lease
and financing of certain real property and improvements. Currently, there
are approximately 8 Lenders. In connection with the Participation
Agreement, the Lenders claim that all or substantially all of the Debtors
guaranteed payment and performance of all liabilities and obligations.

To file a separate claim by each Lender against each and every debtor will
mean that each Lender will have to file hundreds of substantially similar
proofs of claim against the Debtors.

To save unnecessary cost and expenses, the Lenders and the Debtors have
agreed, and have obtained Judge Walrath's stamp of approval, that the Agent
be authorized to file one proof of claim in the Debtors' chapter 11 cases
asserting an aggregate claim on behalf of all of the Lenders, against all
of the Debtors. In addition, the Agent will not be required to attach
copies of any documents to such proof of claim but will make copies of such
documents available to counsel to the Debtors upon request.

Such a proof of claim (a) shall be deemed to be asserted in the full amount
against each and all of the Debtors (other than any Debtor specifically set
forth on a schedule); (b) shall contain a general description of any
collateral securing the claim; and (c) shall set forth the name of each
Lender (as of the Filing Date) and such Lender's ratable share of the
aggregate amount of principal and interest asserted in the claim (as of the
Filing Date). (Integrated Health Bankruptcy News, Issue No. 9; Bankruptcy
Creditors' Service, Inc., 609/392-0900)

JAGNOTES.COM: Need for New Financing Has Reached a Critical Point
Tell the Securities and Exchange Commission that its annual report for the
Fiscal Year ended July 31, 2000, will be tardy, Inc.,
discloses that it is in the process of negotiating accelerated terms of
certain financing arrangements. The anticipated results of these
negotiations, which are to occur in the near term, will have a significant
impact on the Company's ability to continue as a going concern. "To file
the Company's Annual Report on Form 10-KSB prior to the completion of such
negotiations could be misleading," President and CEO Gary Valinoti tells
the SEC. generated revenues of approximately $1,042,000 and $801,000,
and it incurred net losses of approximately $16,664,000 and $1,028,000 and
cash flow deficiencies from operating activities of approximately
$8,460,000 and $1,103,000, during 2000 and 1999, respectively. As a result,
the Company had an accumulated deficit of approximately $17,874,000 as of
July 31, 2000. Although the Company had a cash balance of $807,000 and
working capital of $1,161,000 as of July 31, 2000, and a substantial
portion of its net losses in 2000 and 1999 were attributable to noncash
operating expenses, management believes that the Company will continue to
incur net losses and cash flow deficiencies from operating activities.
These matters raise substantial doubt about the Company's ability to
continue as a going concern if the Company fails to obtain commitments for
the additional financing currently under negotiation or fails to maintain
expenses at current levels or less.

LAROCHE INDUSTRIES: Completes Sale of Chemical Business To Orice Nitrogen
Laroche Industries Inc. announces that it completed the sale of its
ammonium nitrate business to Colorado-based Orice Nitrogen LLC, Atlanta reports. The Atlanta-based nitrogen manufacturer filed for
bankruptcy protection under Chapter 11 in the District of Delaware.

LaRoche Industries is a worldwide producer and distributor of
nitrogen, chlor-alkali and fluorocarbon chemical products, with
operations throughout the United States, Germany and France.

LOEWEN GROUP: Loewen Kentucky's Moves to Sell Assets For $16,154,000
Pursuant to the Disposition Program, Loewen (Kentucky), Inc. and 29 other
debtors propose to sell funeral homes, cemetery businesses and related
assets at 21 locations in Kentucky to the Initial Bidder Central Kentucky
Funeral Directors, L.L.C. for $16,154,000 subject to higher offer at
$16,788,620 or above, that is, 3% above the Initial Bid. Under the Asset
Purchase Agreement with Central Kentucky, all accounts receivable,
transferable permits relating to the businesses conducted at the Sale
Locations will be transferred to the Initial Bidder.

The Debtors tell Judge Walsh that, one of the Sale Locations, the Pulaski
Funeral Home, is subject to a Right of First Refusal (ROFR). Of the
$16,154,000 Purchase Price, $900,000 has been allocated by the Purchaser
to the ROFR Location. However, counsel to the ROFR Holder notified counsel
to the Debtors that in the event an auction for the Location is conducted,
the ROFR Holder does not intend to participate. The Debtors therefore
conclude that they have no further obligations to the ROFR Holder and may
proceed with the sale of the ROFR Location.

The Initial Bidder paid a deposit of $805,200 and has agreed to pay the
remainder at the closing. If the sale is not consummated due to the
Debtors, the Initial Bidder will be entitled to expenses of $150,000.

The Debtors tell Judge Walsh that, the Commonwealth of Kentucky and Mr.
Todd E. Leatherman in his capacity as Director, Consumer Protection
Division of the Attorney General's office, requested that the Debtors
enter into the Commonwealth Agreement which provides for the consent by
the Commonwealth and the Director to the sale and the transfer of certain
trust funds or trust agreements described in the Purchase Agreement if:

    (a) LGII represents and warrants that the Trusts are adequately funded
          under applicable law as of the closing date; and

    (b) to the extent that such representation and warranty is inaccurate,
          LGII agrees to fund any deficiency in the Trusts as of the closing

In accordance with the Net Asset Sale Proceeds Procedures, the Debtors
will use the proceeds generated to repay any outstanding balances under
the Replacement DIP Facility and deposit the net proceeds into an account
maintained by LGII at First Union National Bank for investment, pending
ultimate distribution on court order. Funds necessary to pay bona fide
direct costs of a sale may be paid from the account without further order
of the Court. The deposit will not include the portion of the Purchase
Price allocated to Neweol under the Neweol Purchase Agreement with respect
to accounts receivables. The amount of such portion will be determined
prior to closing and will be paid to Neweol.

The Selling Debtors believe that the Purchase Agreement complies fully
with the conditions and guidelines set forth in the Disposition Order and
the proposed sale is in the best interests of their respective estates and

Accordingly, by this Motion, the Selling Debtors seek authority to:

(a) sell the Sale Locations to the Purchaser on the terms set forth in the
       Purchase Agreement, free and clear of all liens, claims, encumbrances
       and other interests, pursuant to sections 363(b) and 363(f) of the
       Bankruptcy Code;

(b) enter into related agreements and transactions, including the
       Commonwealth Agreement; and

(c) pursuant to section 365 of the Bankruptcy Code, assume and assign
       certain agreemenst such as lease and subleases, trust management
       agreements, equipment, supplies and service contracts etc. relating
       to the Sale Locations.
(Loewen Bankruptcy News, Issue No. 28; Bankruptcy Creditors' Service, Inc.,

LOGOATHLETIC INC: Case Summary and 28 Largest Unsecured Creditors
Debtor: Logoathletic, Inc.
         8677 LogoAthletic Court
         Indianapolis, IN 46219

Chapter 11 Petition Date: November 6, 2000

Court: District of Delaware

Bankruptcy Case No.: 00-04126

Debtor's Counsel: Laura Davis Jones, Esq.
                   Pachuleki, Stang, Ziehl, Young & Jones P.C.
                   919 N. Market Street, 16th Floor
                   P.O. Box 8705
                   Wilmington, DE 19899-8705
                   (302) 652-4100

Total Assets: $ 100 Million above
Total Debts : $ 100 Million above

28 Largest Unsecured Creditors:

Indiana Knitwear
Gene Bate
P.O. Box 309
Greenfield, IN 46140                  Trade                 $ 3,156,782

Players, Inc.
Pam Adolph
2021 L. Street, N.W., Suite 600
Washington, DC 20036                  Trade                 $ 1,722,342

NFL Properties
280 Park Avenue
New York, NY 10017                    Trade                 $ 1,714,926

Delta Apparel
Herb Mueller
P.O. Box 93-419
Atlanta, GA 31193                     Trade                 $ 1,305,366

101 Commonwealth Blvd
Martinsville, VA 24112                Trade                   $ 897,739

Dada Corporation
769 9 Yeoksam-dong
Kangnam Ku Seol Korea                 Trade                   $ 761,138

Pam Knitting
Mr. Hillary Slonimsky
947-D Warden Avenue
Scarborough, Ontario M IL 4E3         Trade                   $ 454,682

DZ Trading
P.O. Box 12082
Newark, NJ 07101                      Trade                   $ 446,629

Troy Aikman
Aikman Enterprises
10020 N. McArthur Blvd. Suite 160
Irving, TX 75063                      Trade                   $ 333,334

Tee Jays
P.O. Box 2033
Florence, AL 35630                    Trade                   $ 318,576

MLB Properties                        Trade                   $ 244,813

NBA Properties                        Trade                   $ 220,665

Wells Fargo                           Trade                   $ 211,199

UPS                                   Trade                   $ 207,321

NHL                                   Trade                   $ 204,541

Bob Knight                            Trade                   $ 200,000

Jake Plummer                          Trade                   $ 175,000

JML Productions                       Trade                   $ 175,000

RLS Screenprinting                    Trade                   $ 150,000

Ripon Athletic                        Trade                   $ 140,161

Wear-It Apparel                       Trade                   $ 134,492

Phoenix Int'l.                        Trade                   $ 132,159

Collegiate Lic. Co.                   Trade                   $ 131,101

Ricky Willaims, Inc.                  Trade                   $ 125,000

Power Manufacturing                   Trade                   $ 120,872

Randall Cunningham                    Trade                   $ 100,000

McCreary's Tees                       Trade                    $ 79,256

Orloxi Int'l.                         Trade                    $ 78,785

NATIONAL FINANCE: Involuntary Dismissed & Company Enters Chapter 11
National Finance Corp. (NFC), in a compromise agreement with the creditors
that tried to push it into chapter 7 bankruptcy liquidation, announced that
it will instead file for chapter 11 reorganization, according to a newswire
report. The agreement was reached in U.S. Bankruptcy Court in Albany.

A trio of creditors joined together in August to file the involuntary
bankruptcy petition against NFC, the Halfmoon, N.Y.-based mortgage lender
that closed its doors in December. The petition said that the three - SFX
Sports Group Inc. of New York City, First American Credco of Poway, Calif.,
and First American Flood Data Services of Austin, Texas - were seeking more
than $600,000 in claims. NFC sought to dismiss the involuntary bankruptcy
petition, claiming it was attempting to go back into business and that it
had a significant number of assets that would not benefit either side if
put on the auction block. (ABI, 06-Nov-00)

OWENS CORNING: First Meeting of Creditors Scheduled For December 1, 2000
The United States Trustee for Region III will convene a meeting of the
Debtor's Creditors pursuant to 11 U.S.C. Sec. 341(a) on December 1, 2000,
at 2:00 p.m., in Room 2313 of the United States Courthouse located at 844
King Street in Wilmington.  All creditors are invited, but not required, to
attend. This Official Meeting of Creditors offers the one opportunity in a
bankruptcy proceeding for creditors to question a responsible officer
of the Debtor under oath. (Owens-Corning Bankruptcy News, Issue No. 3;
Bankruptcy Creditors' Service, Inc., 609/392-0900)

PARAMARK ENTERPRISES: Shareholders to Vote on Liquidation Plan Dec. 15
Shareholders of Paramark Enterprises, Inc., will convene for an annual
meeting on December 15, 2000 at 9:00 am at the law offices of Blank Rome
Comisky & McCauley LLP, 10th Floor, One Logan Square, Philadelphia,
Pennsylvania. At that meeting, Chairman and CEO Charles N. Loccisano
explains, sharholders will be asked to consider and vote on:

    (A) a proposal to sell substantially all of the operating assets of the
        Company to Rich Products Manufacturing Corporation pursuant to the
        terms and conditions of the Asset Purchase Agreement;
    (B) a proposal to sell the remaining operating assets of the Company to
        Brooks Street Baking Companies, Inc. pursuant to the terms and
        conditions of the Brooks Street Companies, Inc. Asset Purchase and
        Sale Agreement; and

    (C) a proposal to liquidate the Company pursuant to the provisions of
        the Plan of Liquidation approved by the Company's Board of

The Rich Products Transaction provides for cash payments to the Company, at
or before closing, aggregating $1,182,750, additional payments of
$1,000,000 payable over a period of 4 years and the assumption by Rich
Products of approximately $285,000 in Company debt. The Brooks Street
Transaction provides for royalty payments to the Company over a period of 4
years equal to 5% of net sales of pull-apart cakes to existing customers of
the Company and 1 1/2% of net sales of all pull-apart cakes to new
customers of Brooks Street. In addition, the Brooks Street Transaction
provides for the purchase of inventory from the Company in the amount of
$12,500 and assumption of approximately $70,000 of Company debt by Brooks
Street. Certain members of management will receive payments from Rich
Products in consideration for entering into consulting agreements with Rich
Products, will receive payments in consideration for the termination of
employment agreements with the Company, and will have indebtedness from the
Company repaid with a portion of the proceeds of the Rich Products

Paramark Enterprises, Inc., formerly T.J. Cinnamons, Inc., is a wholesale
manufacturer of gourmet specialty bakery products distributed throughout
the United States. The Company leases a 36,000 square foot production
facility in El Cajon, California employing approximately 100 people. The
Company's products are sold in approximately 2,000 supermarkets, and its
product line consists of sweet bakery products including cinnamon rolls,
pull-apart cakes, decorated layer cakes, bundt cakes, brownies, torte
cakes, crumb cakes, rugalach, corn breads, and other specialty cakes. The
Company's Common Stock and Class B Warrants are publicly traded on the OTC
Bulletin Board under the symbols "TJCI" and "TJCIZ".

Due to a history of continuing operating losses and the negative working
capital position of the Company, beginning in the first quarter of Year
2000, the Company's management began exploring strategic alternatives
including a possible merger or sale transaction. As a result of active
networking within the baking industry, Rich Products Manufacturing
Corporation d/b/a/ Jon Donaire Desserts , one of the Company's largest
customers, indicated that it had an interest in acquiring the Company's
bakery operations arising from its desire to expand its business into
various specialty decorated cake products of the type the Company has
successfully developed. In July 2000, the Company announced that
it had entered into a non-binding letter of intent with Rich Products for
the sale of its bakery operations excluding all dough products. During the
period July 2000 to September 2000, the Company engaged in negotiations
with Rich Products, and on October 9, 2000, the Company executed a
definitive asset purchase agreement with Rich Products to sell the majority
of its bakery operations.

The Rich Products Transaction does not include the sale of the Company's
tangible and intangible assets relating to dough products, which is
primarily comprised of approximately $1 million of annual sales of a
proprietary product known as pull-apart cakes. Therefore the Company
further networked within the bakery industry to seek a buyer for these
assets. After active discussions with three bakery companies selling dough
products, on August 8, 2000 the Company entered into a non-binding letter
of intent with Brooks Street Companies, Inc., for the sale of its
tangible and intangible assets relating to its pull-apart cakes, and on
October 9, 2000, the Company executed a definitive asset purchase and sale
agreement with Brooks Street to sell the reminder of the its bakery

The Company will sell the majority of the assets comprised of the El Cajon,
California bakery facility and all inventory and equipment pursuant to the
terms and conditions of the Rich Products Transaction, and the Company will
sell the remaining assets of the El Cajon, California bakery facility
pursuant to the terms and conditions of the Brooks Street Transaction.

Following completion of the Transactions, the Company will seek to
liquidate its assets. In order to liquidate the Company's fixed assets, the
executive management staff will be retained at the Company's executive
offices in New Jersey through January 31, 2000 in order to collect all
accounts receivables, liquidate all inventory, pay down all outstanding
trade payables and sell all furniture, fixtures and equipment maintained at
the Company's headquarters in Secaucus, New Jersey. In addition, the
Company may explore other strategic options, including the possible sale of
its corporate shell if such a sale is feasible and financially beneficial
to the Company's shareholders. As a result, consistent with the
requirements of applicable Delaware law, the Company reserves the right to
abandon or amend the Plan of Liquidation following the approval of such
plan by stockholders.

Following the closing of the Transactions, the Company will establish a
liquidating trust to collect all contractual payments pursuant the Rich
Products Asset Purchase Agreement and the Brooks Street Asset Purchase and
Sale Agreement, and will make liquidating distributions to the holders of
units in the liquidating trust over a period of up to four years from the
date the assets were first transferred to the liquidating trust.

PSINET INC: Moody's Places Ratings on Review for Possible Downgrade
Moody's Investors Service today placed the B3 senior unsecured and the B2
senior implied ratings of PSINet, Inc. ("PSINet") on review for a possible
downgrade. This action follows the company's recent announcements, that it
would face a $600 million potential funding gap next year, that future
revenues will be lower than previously expected, and that it has decided to
classify, as a discontinued operation, its 80% owned subsidiary Xpedior,
Inc., which it acquired in June 2000, through the acquisition of Metamor
Inc. for $1.9 billion in stock plus the assumption of debt.

The review will examine the challenges facing the company as it focuses its
future strategic growth to capitalize upon the higher margined web-hosting
solutions and applications solutions needs of data-centric businesses and
transitions increasingly away from its core ISP and access business. In
September, PSINet had indicated that the build-out of its hosting and
applications businesses presents capital requirements that its present cash
position of approximately $1billion is insufficient to meet in the short
term. Moody's review will consider the funding requirements needed to
complete the construction of planned hosting centers, and the ability of
the company to raise such funding through asset sales and other sources,
given current market conditions. In addition to indicating that revenues
for the balance of 2000 may be lower than it previously expected, the
company recently provided revised revenue guidance of $2.3-$2.5 billion for
2001, which is below Moody's expectations. On November 2, PSINet management
subsequently suspended all guidance concerning 2001 revenues and funding

The company has announced that it has engaged outside consultants to assist
with a review of the restructuring process currently under way and to
assist with forecasting. In connection with the restructuring, the company
also announced the resignation of its COO.

The ratings under review are:

    a) Senior Implied - B2

    b) Issuer Rating - B3

    c) Senior Secured Credit Facility - B2

    d) 10.5% Senior Unsecured Eurobonds due 2006 - B3

    e) 11.5% Senior Unsecured Notes due 2008 - B3

    f) 11.0% Senior Unsecured Notes due 2009 - B3

    g) 11.0% Senior Unsecured Eurobonds due 2009 - B3

    h) 10.5% Senior Unsecured Notes due 2006 - B3

    i) 10.0% Senior Unsecured Notes due 2005 - B3

    j) Preferred stock - "caa"

PSINet has its headquarters in Ashburn, Virginia.

SPECIALTY FOODS: Sells Mother's Cake & Archway to Parmalat for $250 Million
Dow Jones reports on the recent sale of Mother's Cake & Cookie Company and
Archway Cookies to Parmalat Finanziaria SpA (I.PFS) for $250 million.
Specialty Foods Corp. (X.SFC), which filed for Chapter 11 in Sept. 18, owns
Mother's Cake. "The money has been pre-arranged to go to the company debt-
holders, including creditors," said Sean Stack of Specialty Foods.
Specialty agreed to sell the said units in September as part of its
bankruptcy reorganization.

Parmalat is one of Italy's largest dairy companies with sales of EUR3.45
billion in the 6 months ended June 30. The company had a pretax profit of
EUR167 million, up 27% from EUR132 million a year ago.

TRSDS INC: Says Restaurants Still Profitable Despite Bankruptcy Filing
TRSDS Inc., owner of the Damon's restaurant in Granite Bay and Tony Roma's
ribs restaurant in Sacramento filed for Chapter 11. According to TRSDS
counselor Laurel Bennett, both restaurants are operating and earning a
profit, reports. First Union Bank of Charlotte, N.C. is the
largest creditor, which is owed $2.1 million through its former Money Store
Subsidiary. From that amount $1.5 million is unsecured by assets. The
petition filing listed assets of $1.1 million and liabilities of $2.6

U.S. WIRELESS: Shareholders Asked to Ratify M.R. Weiser Engagement
On August 5, 1999, U.S. Wireless Data, Inc., dismissed
PricewaterhouseCoopers LLP as its independent accountants. The reports of
PwC on the Company's financial statements for the two fiscal years ending
June 30, 1998 and 1997 did not contain any adverse opinion or disclaimer of
opinion and were not qualified or modified as to uncertainty, audit scope
or accounting principles, except that the reports of PwC included a
reference to a substantial doubt about the Company's ability to continue as
a going concern. In connection with its audits for the two fiscal years
ended June 30, 1998 and June 30, 1999 and through August 5, 1999, there
were no disagreements with PWC on any matter of accounting principles or
practices, financial statement disclosure, or auditing scope or procedure,
which disagreements, if not resolved to the satisfaction of PwC would have
caused them to make reference thereto in their report on the financial
statements for such years.

The Company requested that PwC furnish it with a letter addressed to the
SEC stating whether or not it agreed with the above statements. PwC
furnished the Company with such a letter, dated August 20, 1999, a copy of
which was filed by the Company as Exhibit 16 to a Current Report on Form 8-
K/A filed by the Company as of August 20, 1999.

The Company engaged M.R. Weiser, as its new independent accountants as of
August 5, 1999. In connection with its audits for the fiscal year ended
June 30, 1999 and June 30, 2000, there have not been any disagreements with
M.R. Weiser on any matter of accounting principles or practices, financial
statement disclosure, or auditing scope or procedure, which disagreements,
if not resolved to the satisfaction of M.R. Weiser would have caused them
to make reference thereto in their report on the financial statements for
such year.

The Board of Directors recommended and approved the decision to change
independent accountants.

U.S. Wireless now seeks ratification of the Board's decision to appoint
M.R. Weiser & Co. LLP as the independent auditors and public accountants
for the Company for the fiscal year ending June 30, 2001. Shareholders will
convene for the 2000 Annual Meeting of Shareholders of U.S. Wireless Data,
Inc. at the New York Helmsley Hotel, TurtleBay Room, 212 East 42nd Street,
New York, New York, 10017 at 2:00 p.m., Eastern time, on December 12, 2000.

VENCOR INC: Files First Amended Plan of Reorganization
Vencor, Inc. announced that it has filed its first amended plan of
reorganization with the United States Bankruptcy Court for the District of
Delaware (the "Court"). The Company also has filed a first amended
disclosure statement and a short-form disclosure statement (the "Disclosure
Materials"), which, if approved by the Court, will be used to solicit
acceptances of the Plan. The Company intends to seek approval of the
Disclosure Materials at a hearing before the Court on December 6, 2000.

The Plan amends the prior plan of reorganization filed by Vencor by
including the terms of the settlement of civil and certain administrative
claims with the United States government, which settlement remains subject
to appropriate governmental approval and the resolution of certain issues
including the scope of releases being provided in conjunction with the
settlement. The Debtors also continue to work with Ventas to obtain its
acceptance of the terms of the Plan.

In addition to the factors noted below, the confirmation and consummation
of the Plan are subject to a number of material conditions, including,
without limitation, successful completion of negotiations with the United
States government and Ventas, the receipt of the requisite acceptances from
various creditor classes to confirm the Plan and the Court's determination
that the Plan satisfies the statutory requirements for confirmation under
the bankruptcy code. There can be no assurance that the Plan as submitted
will be confirmed or consummated.

Vencor and its subsidiaries filed voluntary petitions for reorganization
under Chapter 11 with the Court on September 13, 1999. Throughout the
Chapter 11 process, the Company has maintained normal operations in its
nursing centers and hospitals.

Vencor is a national provider of long-term healthcare services primarily
operating nursing centers and hospitals.

VILLAGEEDOCS, INC.: Management Actively Pursuing Financing Options
With financial statements showing million-dollar-a-year-losses, a working
captital deficit and negative shareholders equity, Arthur Andersen LLP
opines that there is substantial doubt about VillageEDOCS, Inc.'s ability
to continue as a going concern. VillageEDOCS' management, the auditors
note, plans to seek additional financing in late 2000 and the first quarter
of 2001 and is actively pursuing obtaining these additional funds. Arthur
Andersen cautions that there can be no assurance that funding will be
available on acceptable terms, if at all, or that such funds, if raised,
would enable the Company to achieve and maintain profitable operations.

VillageEDOCS offers Internet Fax Services to businesses. "We offer a
complete set of high quality, reliable document delivery services that can
be customized to meet the specific needs of clients. We believe that our
service allows companies to combine the convenience and costs savings
provided by the Internet with the compatibility of conventional Fax
machines. By outsourcing their document delivery needs, businesses can
benefit from ease of use, savings in avoiding the need for installation of
additional telephone lines for fax transmission and receipt, elimination of
hard copies of documents at the point of origin, electronic filing of
documents and minimizing manual handling of documents," the Company says.

WASTE MANAGEMENT: 3Q Financial Results for Period Ending Sept 30, 2000
Waste Management, Inc. (NYSE:WMI) announced financial results for its
third quarter, ended September 30, 2000. Revenues for the quarter were
$3.12 billion as compared to $3.40 billion in the year ago period. The
Company reported net loss of $190.8 million for the period or $0.31 loss
per diluted share, compared with a loss of $947.8 million, or $1.53 loss
per diluted share, for the third quarter 1999. On a pro forma basis, after
adjusting for unusual costs and certain other items discussed below, third
quarter 2000 net income was $207.6 million, or $0.33 per diluted share.

The unusual costs and other items adjusted for in the pro forma analysis
include $362.6 million in asset impairments and unusual items comprised of:
$ 97.9 million in net losses on sales of assets; $182.2 million in
impairments on held-for-sale assets; $80.2 million for the planned
termination of the former Waste Management pension plan; and$2.3 million of
other items. Unusual costs and other items also include: $4.9 million of
operating expenses, primarily for truck painting and signage; $48.5 million
of SG&A costs, principally related to business consulting, systems
development and accounting efforts; and $0.7 million of unusual interest
expense. Additionally, for the pro forma analysis an effective tax rate of
40.1% is utilized, and $10.3 million of suspended depreciation related to
assets-held-for-sale is charged to expense.

For the nine months ended September 30, 2000 Waste Management reported
operating revenues of $9.61 billion as compared to $9.79 billion for the
comparable period last year.  Net loss was $135.5 million and diluted loss
per share was $0.22 for the nine months ended September 30, 2000 compared
to losses of $282.8 million and $0.46, respectively, for the same period in

"The Company continued to make progress on a number of important fronts
during the third quarter," said A. Maurice Myers, Chairman, President, and
Chief Executive Officer of Waste Management. "Our information systems are
in the best shape they have been in since the merger two years ago, and we
expect to go live on the pilot of our new enterprise software system in
less than a month. Early next year we plan to begin roll-out of the
software, with 1,500 conversions planned by year-end 2001. Our plan is to
have the best information systems available, which we believe will give us
a significant competitive edge."

He continued, "The divestiture program announced a little over a year ago
is practically complete. The sale of international, non-core and certain
domestic assets has resulted in over $2.1 billion in collected proceeds to
date this year. We have used those proceeds along with cash from operations
to reduce debt by $2.8 billion since the end of last year. Our balance
sheet is much improved from one year ago, and that is due in no small part
to the success of the divestiture program."

The Company further noted that important highlights of the quarter's
results include:

    -- Operating cash flow of $560.3 million and adjusted free cash flow of
        $ 388.4 million

    -- North American solid waste revenues increased 4.2% to $2.874 billion
        from $2.758 billion in the third quarter 1999

    -- Internal growth of 3.0% in the North American solid waste business,
        with 1.7%, or $47.4 million, in volume growth

    -- Price growth in the quarter of 1.3%, or $35.1 million, including fuel
        surcharges of $16.3 million and improved commodity prices of $3.4

    -- Pro forma EBITDA of $895.8 million, or 28.7% as a percent of revenues

Myers added, "We continue to refine this business model and focus on making
every customer a profitable customer. One visible action towards this end
recently taken by a district was the cancellation of service to almost
three thousand unprofitable customers in New York City. Circumstances
beyond our control made it impossible for us to turn these into profitable
customers, so we notified the customers that they would need to find a new
service provider. In support of this overall effort, we are working on an
automated customer-by-customer profitability analysis program and
anticipate having it complete early next year. With this information we
will be able to make much smarter pricing decisions, and we expect that to
be evident during the course of 2001."

The Company has scheduled an investor and analyst conference call to
discuss the results of today's earnings announcement. The call will begin
at 11:00 a.m. eastern time, 10:00 a.m. central time, and is open to the
public. To listen to the conference call, which will be broadcast live over
the Internet, go to the Waste Management Website at,and  
select "Live Webcast: Third Quarter Earnings Report." You may also listen
to the conference call by telephone by contacting the conference call
operator at 719-457-2680, 15-20 minutes prior to the scheduled start time,
and asking for the "Waste Management Conference Call." For those unable to
listen to the live call, a replay will be available 24 hours a day
beginning at approximately Noon November 6th through Midnight on November
17th. To hear a replay of the call over the Internet access the Waste
Management Website at hear a telephonic replay  
of the call, dial 719-457-0820 and enter reservation code 548984.

Waste Management, Inc. is its industry's leading provider of comprehensive
waste management services. Based in Houston, the Company serves municipal,
commercial, industrial, and residential customers throughout the United
States, and in Canada, Puerto Rico and Mexico.

WASTE MANAGEMENT: Appoints James T. Schultz as Health & Safety Vice Pres
Waste Management Inc. appoints 51-year-old, James T. Schultz as vice
president of health and safety, reports. Mr. Schultz will be
responsible for developing and implementing safety policies and procedures
designed to improve the safety performance of the company. He is also a
former vice president and chief safety officer of CSX Transportation of
Jacksonville, Fla., where he exerted all safety aspects to 36,000 employees

As reported in the Oct 24 TCR, Waste Management, Inc. turned down a
contract signing with the City of Toronto. The company is the leading
provider of comprehensive waste management services. Based in Houston, the
Company serves municipal, commercial, industrial, and residential customers
throughout the United States, and in Canada, Puerto Rico and Mexico.

* Meetings, Conferences and Seminars
November 13-14, 2000
          The 2nd Annual Lending To & Investing In
          Troubled Health Care Companies
             Loews New York Hotel, New York, New York
                Contact: 1-800-869-4302 or

November 16-20, 2000
          80th Annual New York Conference
             Marriott World Trade Center, New York City

November 27-28, 2000
          Third Annual Conference on Distressed Investing
             The Plaza Hotel, New York, New York
                Contact: 1-903-592-5169 or

November 30-December 2, 2000
          Winter Leadership Conference
             Camelback Inn, Scottsdale, Arizona
                Contact: 1-703-739-0800

January 9-14, 2001
          National CLE Conference on Bankruptcy Law
             Marriott, Vail, Colorado
                Contact: 1-800-926-5895 or

February 22-23, 2001
          Commercial Real Estate Defaults, Workouts,
          and Reorganizations
             Wyndham Palace Resort, Orlando
             (Walt Disney World), Florida
                Contact: 1-800-CLE-NEWS

February 25-28, 2001
          Norton Bankruptcy Litigation Institute I
             Marriot Hotel, Park City, Utah
                Contact: 770-535-7722 or

February 28-March 3, 2001
          Spring Meeting
             Hotel del Coronado, San Diego, CA
                Contact: 312-822-9700 or

March 28-30, 2001
          Healthcare Restructurings 2001
             The Regal Knickerbocker Hotel, Chicago, Illinois
                Contact: 1-903-592-5169 or

March 29-April 1, 2001
          Norton Bankruptcy Litigation Institute II
             Flamingo Hilton; Las Vegas, Nevada
                Contact: 1-770-535-7722 or

April 19-21, 2001
          Fundamentals of Bankruptcy Law
             Some Hotel in San Francisco, California
                Contact: 1-800-CLE-NEWS

May 17-18, 2001
          Bankruptcy Sales & Acquisitions
             The Renaissance Stanford Court Hotel,
             San Francisco, California
                Contact: 1-903-592-5169 or

June 13-16, 2001
       Association of Insolvency & Restructuring Accountants
          Annual Conference
             Hyatt Newporter, Newport Beach, California
                Contact: 541-858-1665 or

June 28-July 1, 2001
          Western Mountains, Advanced Bankruptcy Law
             Jackson Lake Lodge, Jackson Hole, Wyoming
                Contact: 770-535-7722 or

July 26-28, 2001
          Chapter 11 Business Reorganizations
             Hotel Loretto, Santa Fe, New Mexico
                Contact: 1-800-CLE-NEWS

The Meetings, Conferences and Seminars column appears
in the TCR each Wednesday. Submissions via e-mail to are encouraged.


Bond pricing, appearing in each Monday's edition of the TCR, is provided by
DLS Capital Partners in Dallas, Texas.

A list of Meetings, Conferences and Seminars appears in each Wednesday's
edition of the TCR. Submissions about insolvency-related conferences are
encouraged. Send announcements to

Each Friday's edition of the TCR includes a review about a book of interest
to troubled company professionals. All titles available from --
go to  
or through your local bookstore.

For copies of court documents filed in the District of Delaware, please
contact Vito at Parcels, Inc., at 302-658-9911. For bankruptcy documents
filed in cases pending outside the District of Delaware, contact Ken Troubh
at Nationwide Research & Consulting at 207/791-2852.


S U B S C R I P T I O N   I N F O R M A T I O N

Troubled Company Reporter is a daily newsletter, co-published by Bankruptcy
Creditors' Service, Inc., Trenton, NJ, and Beard Group, Inc., Washington,
DC. Debra Brennan, Yvonne L. Metzler, Ronald Ladia, Zenar Andal, and Grace
Samson, Editors.

Copyright 2000. All rights reserved. ISSN 1520-9474.

This material is copyrighted and any commercial use, resale or publication
in any form (including e-mail forwarding, electronic re-mailing and
photocopying) is strictly prohibited without prior written permission of
the publishers. Information contained herein is obtained from sources
believed to be reliable, but is not guaranteed.

The TCR subscription rate is $575 for six months delivered via e-mail.
Additional e-mail subscriptions for members of the same firm for the term
of the initial subscription or balance thereof are $25 each. For
subscription information, contact Christopher Beard at 301/951-6400.

                     * * * End of Transmission * * *