TCR_Public/040626.mbx         T R O U B L E D   C O M P A N Y   R E P O R T E R

             Saturday, June 26, 2004, Vol. 8, No. 129

                          Headlines


AVADO BRANDS: Reports $6.9 Million Net Loss in May 2004
ENRON: ENA Examiner's 112th Weekly Report - May 3 to 7, 2004
FLEMING COMPANIES: Files April 2004 Monthly Operating Report
KEYSTONE CONSOLIDATED: Reports $2.3 Million Income in May 2004
MINORPLANET SYSTEMS: May 2004 Monthly Operating Report

MISSISSIPPI CHEMICAL: Reports $1.8 Mil. Net Loss in April 2004
PARMALAT: Farmland Dairies May 2004 Monthly Operating Report
PARMALAT: Milk Products May 2004 Monthly Operating Report
PARMALAT USA: Releases May 2004 Monthly Operating Report
VENUS EXPLORATION: Reports $1.2 Million Net Profit in May 2004


                            *********


AVADO BRANDS: Reports $6.9 Million Net Loss in May 2004
-------------------------------------------------------
Avado Brands, Inc., the owner and operator of the Don Pablo's and
Hops restaurant chains, delivered its May 2004 Monthly Operating
Report to the Bankruptcy Court on June 17, 2004.  

For the four-week period ended May 23, 2004, Don Pablo's reports
a net loss of $174,000, Hops reports a $4,195,000 net loss and
$2,613,000 of net losses at the corporate level resulted in a
consolidated net loss of $6,982,000.  

A full-text copy of Avado's May Monthly Operating Report is
available at no charge at:

   http://www.sec.gov/Archives/edgar/data/849101/000084910104000020/mormay.txt


On February, 4, 2004, Avado Brands, Inc. filed a voluntary
petition under Chapter 11 of the United States Bankruptcy Code in
the United States Bankruptcy Court for the Northern District of
Texas. The Honorable Chief Judge Steven A. Felsenthal presides
over the case, which is administered as Case No. 04-31555. Deborah
D. Williamson, Esq., and Thomas Rice, Esq., at Cox & Smith
Incorporated represent the Debtors in their restructuring efforts.
Miller Buckfire Lewis Ying & Co., LLC is providing financial
advisory services.  DDJ Capital is Avado's DIP lender.


ENRON: ENA Examiner's 112th Weekly Report - May 3 to 7, 2004
------------------------------------------------------------
Enron North America Examiner, Harrison J. Goldin, presents his
112th report summarizing deposits and disbursements into and out
of ENA Accounts for the period May 3, 2004 through May 7, 2004.

        Third Party Deposits and Disbursements:

        Date                    Deposits        Disbursements
        ----                    --------        -------------
  May 03, 2004                  $239,855             ($2,787)
  May 04, 2004                 1,662,500                   0
  May 05, 2004                 3,000,035                   0
  May 06, 2004                       527                   0
  May 07, 2004                        62             (18,001)
                            ------------       -------------
            Week Total:       $4,902,979            ($20,788)


        Inter-company Deposits and Disbursements:

        Date                    Deposits        Disbursements
        ----                    --------        -------------
  May 03, 2004                        $0           ($538,000)
  May 04, 2004                         0                   0
  May 05, 2004                         0                   0
  May 06, 2004                         0                   0
  May 07, 2004                         0                   0
                            ------------       -------------
            Week Total:               $0           ($538,000)


        Total Deposits and Disbursements:

        Date                    Deposits        Disbursements
        ----                    --------        -------------
  May 03, 2004                  $239,855            ($40,787)
  May 04, 2004                 1,662,500                   0
  May 05, 2004                 3,000,035                   0
  May 06, 2004                       527                   0
  May 07, 2004                        62             (18,001)
                            ------------       -------------
            Week Total:       $4,902,979            ($58,788)


FLEMING COMPANIES: Files April 2004 Monthly Operating Report
------------------------------------------------------------
On June 16, 2004, Fleming Companies, Inc. filed its unaudited
monthly operating report for the period April 1, 2004 through
April 30, 2004 with the United States Bankruptcy Court for the
District of Delaware, in connection with its voluntary petitions
for reorganization under Chapter 11 of Title 11 of the United
States Code (Case No. 03-10945) (Jointly Administered).

Fleming Companies, Inc. et. al's balance sheet shows a
$1,716,126,000 stockholders' deficit at April 30, 2004, compared
to a $1,568,074,000 deficit reported at March 31, 2004.

A full-text copy of Fleming Companies' April 2004 Monthly
Operating Report was delivered to the Securities and Exchange
Commission, and is available at no charge at:

   http://www.sec.gov/Archives/edgar/data/352949/000095013404008943/d16193exv99w1.txt


Headquartered in Lewisville, Texas, Fleming Companies, Inc. --
http://www.fleming.com/-- is the largest multi-tier distributor  
of consumer package goods in the United States.  The Company filed
for chapter 11 protection on April 1, 2003 (Bankr. Del. Case No.
03-10945).  Richard L. Wynne, Esq., Bennett L. Spiegel, Esq.,
Shirley Cho, Esq., and Marjon Ghasemi, Esq., at Kirkland & Ellis,
represent the Debtors in their restructuring efforts.  When the
Debtors filed for protection from its creditors, they listed
$4,220,500,000 in assets and $3,547,900,000 in liabilities.


KEYSTONE CONSOLIDATED: Reports $2.3 Million Income in May 2004
--------------------------------------------------------------
For the month ending May 31, 2004, Keystone reports earning
$2,325,442 on $29,102,072 of sales. At May 31, 2004, Keystone
Consolidated Industries' balance sheet shows:

         Current Assets         $ 69,508,015
         Total Assets            301,602,386
         Current Liabilities     161,945,202
         Stockholders' Deficit  $ 27,719,609

A full-text copy of Keystone Consolidated Industries' May 2004
Monthly Operating Report is available at no charge at:

http://www.sec.gov/Archives/edgar/data/55604/000005560404000024/exhibit991may.txt


On February 26, 2004, Keystone Consolidated Industries, Inc.,
together with five of its direct and indirect subsidiaries
(FV Steel and Wire Company, DeSoto Environmental Management, Inc.,
J.L. Prescott Company, Sherman Wire Company f/k/a DeSoto,  Inc.,
and Sherman Wire of Caldwell, Inc.), filed voluntary  petitions
for relief under Chapter 11 of Title 11 of the United States Code
in the United States Bankruptcy Court for the Eastern District of
Wisconsin in Milwaukee.                     


MINORPLANET SYSTEMS: May 2004 Monthly Operating Report
------------------------------------------------------
At May 31, 2004, Minorplanet Systems USA, Inc.'s balance sheet
shows:

   Total Assets                         $17,980,034
   Total Post-petition Liabilities        1,451,404
   Total Pre-petition  Liabilities       21,968,620
   Total Liabilities                     31,596,252
   Total Deficit                        $13,616,218

A full-text copy of Minorplanet Systems' May 2004 Monthly
Operating Report is available at no charge at:

   http://www.sec.gov/Archives/edgar/data/944400/000095013404009044/d16248exv99w1.htm


Based in Richardson, Texas, Minorplanet Systems USA, Inc. --
http://www.minorplanetusa.com/-- develops and implements mobile  
communications solutions for service vehicle fleets, long-haul
truck fleets and other mobile-asset fleets, including integrated
voice, data and position location services. Minorplanet, along
with two affiliates, filed for chapter 11 protection (Bankr. N.D.
Texas, Case No. 04-31200) on February 2, 2004. Omar J. Alaniz,
Esq. and Patrick J. Neligan, Jr., Esq. of Neligan Tarpley Andrews
and Foley LLP represent the Debtors in their restructuring
efforts. When Minorplanet filed for bankruptcy, it estimated
assets and debts at $10 million to $50 million.


MISSISSIPPI CHEMICAL: Reports $1.8 Mil. Net Loss in April 2004
--------------------------------------------------------------
On June 17, 2004, Mississippi Chemical Corporation and its
domestic subsidiaries filed its Monthly Operating Report for the
month ended May 31, 2004 with the Securities and Exchange
Commission. The Company reports a net loss of $1,887,000 in May
compared to a $1,469,000 net loss in April 2004. The Company's
consolidated balance sheet shows:

      Total Assets                $431,843,000
      Total Current Liabilities    131,468,000
      Liabilities Subject
         to Compromise             283,988,000
      Shareholders' Deficit         39,051,000

A full-text copy of Mississippi Chemical Corporation's April 2004
Monthly Operating Report is available at no charge at:

   http://www.sec.gov/Archives/edgar/data/66895/000006689504000020/exhibit991.htm


On May 15, 2003, Mississippi Chemical Corporation and its domestic
subsidiaries filed voluntary petitions for relief under Chapter 11
of Title 11 of the United States Code in the United States
Bankruptcy Court for the Southern District of Mississippi.  


PARMALAT: Farmland Dairies May 2004 Monthly Operating Report
------------------------------------------------------------

                      Farmland Dairies, LLC
                          Balance Sheet
                       As of May 22, 2004

Assets

Cash & Cash Equivalents                              $6,113,559
Accounts Receivable-Trade                            48,075,507
Accounts Rec.-Securitization                        (44,678,656)
Notes Receivable                                        276,176
Inventory                                            15,574,804
Prepaid Expenses                                     14,553,868
Other Current Assets                                  1,218,435
                                                   ------------
Total Current Assets                                 41,133,693

Fixed Assets                                        214,746,256
Accumulated Depreciation                            114,668,066
                                                   ------------
Net Fixed Assets                                    100,078,190

Other Assets                                         38,933,437
Intercompany Receivables                             71,666,796
                                                   ------------
Total Assets [sic.]                                $251,812,116
                                                   ============

Liabilities Subject to Compromise:
   Accounts Payable                                  14,843,745
   Accrued Expenses                                   3,327,875
   Intercompany Payables                             25,318,781
   Capital Lease                                     95,000,000
                                                   ------------
Total Liabilities Subject to Compromise             138,490,401

Liabilities:
   Notes & Loans Payable                                      0
   Capital Leases - Short Term                            1,026
   Accounts Payable                                  17,230,409
   Accrued Expenses                                  22,376,404
                                                   ------------
Total Current Liabilities                            39,607,839

Notes & Loans Payable                                14,826,563
Capital Leases - Long Term                               50,832
Other                                                 8,389,235
                                                   ------------
Total Long Term Liabilities                          23,266,630

Intercompany Payables                               (82,068,989)
                                                   ------------
Total Liabilities                                   119,295,881

Equity
Paid In Capital                                     161,506,590
Accum Comprehensive Income                           (7,013,988)
Retained Earnings                                    11,323,693
YTD Net Income/(Loss)                               (23,483,744)
                                                   ------------
Total Equity                                        142,332,551
                                                   ------------
Total Liabilities & Owners' Equity [sic.]          $261,628,432
                                                   ============


                      Farmland Dairies, LLC
                        Income Statement
               From April 25, 2004 to May 22, 2004

Revenues
   Gross sales                                      $40,906,304
   Less: Returns & discounts                          1,212,273
                                                   ------------
   Net sales                                         39,694,031

Expenses
   Raw Materials & Ingredients                       27,529,854
   Packaging                                          2,799,702
   Direct Labor                                         703,437
   Power                                                442,026
   Freight                                              310,927
   Distribution                                       2,726,714
   Industrial Depreciation                              409,568
   Production Overhead                                2,236,307
   Warehouse (Cooler)                                 1,747,763
   Marketing Costs                                      832,889
   Sales Admin Expenses                                 477,059
   General Expenses                                   1,032,001
   Financial Costs                                      770,994
   Goodwill/trademarks                                    6,756
   Extraordinary                                        118,370
   Corporate Allocation                                 (50,000)
   Income Taxes                                               -
                                                   ------------
   Total Expenses                                    42,094,367

Reorganization Expenses                               4,131,822
                                                   ------------
Net Profit (Loss)                                   ($6,532,158)
                                                   ============


                      Farmland Dairies, LLC
                 Cash Receipts and Disbursements
               From April 25, 2004 to May 22, 2004

Cash - Beginning of Month                            $3,514,210

Receipts From Operations
   Cash Sales                                                 0

Collection of Accounts Receivable
   Prepetition                                          528,314
   Postpetition                                      37,566,773
                                                   ------------
   Total Operating Receipts                          38,095,086

Non - Operating Receipts
   Proceeds from GE Capital                           3,000,000
   Voided Checks (Prepetition)                                -
   Adjustments                                          600,381
   Deposits -- Other                                    847,488
   Transfers                                          3,500,000
                                                   ------------
   Total Non-Operating Receipts                       7,947,868
                                                   ------------
   Total Receipts                                    46,042,955
                                                   ------------
Total Cash Available                                 49,557,165
Operating Disbursements
   Chemicals                                            601,865
   Commissions                                          107,927
   Consulting/Legal                                      96,518
   Co-packing                                           495,877
   Employee & Employee-related expenses                 994,624
   Equipment Leases                                     532,165
   Freight & Postage                                    108,514
   Fuel                                                 213,514
   Transportation                                       783,187
   Ingredients                                        2,041,861
   Insurance                                            419,046
   Lab Fees                                              49,376
   Licenses & Taxes                                     181,880
   Marketing                                             26,634
   Other                                                656,008
   Packaging                                          2,569,300
   Pallets/Cases/Bossies                                217,768
   Milk Producers                                    21,146,353
   Marketing Administrator                                    0
   Purchased Products                                 1,256,444
   R & M, Parts, Supplies                               899,881
   Raw Milk                                           2,198,713
   Rebates                                              389,240
   Rent                                                 192,894
   Security                                             135,763
   Temporary Labor                                       77,513
   Travel & Entertainment                                47,801
   Utilities                                          1,378,417
   Securitization Payments                              439,874
   Payroll                                            2,614,119
   Payroll Taxes                                        488,762
   Voided Checks (Postpetition)                          (7,802)
                                                   ------------
   Total expenses                                    41,354,415

Reorganization Expenses
   Professional Fees                                  1,980,613
   U.S. Trustee Fees                                     10,250
   DIP Interest & Fees                                   59,889
                                                   ------------
   Total Reorganization Expenses                      2,050,752
                                                   ------------
Total Disbursements                                  43,405,166
                                                   ------------
Net Cash Flow                                         2,637,788
                                                   ------------
Cash - End of Month                                  $6,151,999
                                                   ============


PARMALAT: Milk Products May 2004 Monthly Operating Report
---------------------------------------------------------

                  Milk Products of Alabama, LLC
                          Balance Sheet
                       As of May 22, 2004

Assets

Cash & Cash Equivalents                              $1,795,546
Accounts Receivable-Net                               2,997,336
Inventory                                             1,287,472
Prepaid Expenses                                        262,441
Other Current Assets                                      4,521
                                                   ------------
Total Current Assets                                  6,010,917

Fixed Assets                                         10,926,223
Accumulated Depreciation                              6,590,490
                                                   ------------
Net Fixed Assets                                      4,335,733

Other Assets                                            885,023
Intercompany Receivables                                      0
                                                   ------------
Total Assets                                        $11,568,072
                                                   ============

Liabilities Subject to Compromise
   Accrued Expenses                                     $45,227
   Intercompany Payables                              8,338,493
                                                   ------------
Total Liabilities Subject to Compromise               8,383,720

Liabilities:
   Accounts Payable                                     194,670
   Accrued Expenses                                      96,084
                                                   ------------
Total Current Liabilities                               290,754

Long Term Notes Payable - Intercompany
Other                                                    43,738
                                                   ------------
Total Long Term Liabilities                              43,738

Intercompany Payables                                 2,872,138
                                                   ------------
Total Liabilities                                    11,590,350

Equity
Retained Earnings                                        18,414
YTD Net Income/(Loss)                                   (40,692)
                                                   ------------
Total Equity                                            (22,278)
                                                   ------------
Total Liabilities & Owners' Equity                  $11,568,072
                                                   ============


                  Milk Products of Alabama, LLC
                        Income Statement
               From April 25, 2004 to May 22, 2004

Revenues
   Gross sales                                       $4,119,490
   Less: Returns & discounts                              1,990
                                                   ------------
   Net sales                                          4,117,500

Expenses
   Raw Materials & Ingredients                        2,880,672
   Packaging                                            344,090
   Direct Labor                                          81,521
   Power                                                 78,401
   Freight                                              126,606
   Industrial Depreciation                               35,392
   Production Overhead                                  208,553
   Warehouse (Cooler)                                     8,526
   Marketing Costs                                            0
   Sales Admin Expenses                                  27,818
   General Expenses                                      59,590
   Financial Costs                                       20,734
   Goodwill/trademarks                                        0
   Extraordinary                                         39,119
   Corporate Allocation                                  50,000
   Income Taxes                                               0
                                                   ------------
   Total Expenses                                     3,961,022

Reorganization Expenses
   Professional Fees                                          -
   U.S. Trustee Fees                                          -
   Other                                                      -
                                                   ------------
   Total Reorganization Expenses                              -
                                                   ------------
Net Profit (Loss)                                      $156,478
                                                   ============


                  Milk Products of Alabama, LLC
                 Cash Receipts and Disbursements
              From April 25, 2004 to May 22, 2004

Cash - Beginning of Month                            $1,750,129

Receipts From Operations
   Cash Sales                                                 -

Collection of Accounts Receivable
   Prepetition                                                0
   Postpetition                                       3,604,367
                                                   ------------
   Total Operating Receipts                           3,604,367

Non - Operating Receipts
   Transfers                                         (3,500,000)
   Other                                                     73
                                                   ------------
   Total Non-Operating Receipts                      (3,499,927)
                                                   ------------
   Total Receipts                                       104,440
                                                   ------------
Total Cash Available                                  1,854,568

Operating Disbursements
   Bank Charges                                               -
   Freight                                                    -
   Ingredients                                                -
   Licenses & Taxes                                           -
   Packaging                                                  -
   Raw Milk                                                   -
   R & M, Parts, Supplies                                     -
   Other                                                  3,943
   Letter of Credit                                      57,579
   Warehouse (Cooler)                                         -
   Marketing Costs                                            -
   Sales Admin Expenses                                       -
   General Expenses                                           -
   Financial Costs                                            -
   Goodwill/trademarks                                        -
   Extraordinary                                              -
   Corporate Allocation                                       -
   Income Taxes                                               -
                                                   ------------
   Total expenses                                        61,522

Reorganization Expenses
   Professional Fees                                          -
   U.S. Trustee Fees                                          -
   Other                                                      -
                                                   ------------
   Total Reorganization Expenses                              -
                                                   ------------
Total Disbursements                                      61,522
                                                   ------------
Net Cash Flow                                            42,917
                                                   ------------
Cash - End of Month                                  $1,793,046
                                                   ============


PARMALAT USA: Releases May 2004 Monthly Operating Report
--------------------------------------------------------

                    Parmalat USA Corporation
                          Balance Sheet
                       As of May 22, 2004

Assets

Cash & Cash Equivalents                                      $0
Accounts Receivable-Net                                       0
Notes Receivable -Current                                     0
Inventory                                                     0
Prepaid Expenses                                              0
Other Current Assets                                          0
                                                   ------------
Total Current Assets                                          0

Fixed Assets                                                  0
Accumulated Depreciation                                      0
                                                   ------------
Net Fixed Assets                                              0

Other Assets                                        326,010,087
Intercompany Receivables                             25,210,233
                                                   ------------
Total Assets                                       $351,220,320
                                                   ============

Liabilities Subject To Compromise:
   Long Term Debt & Interest                        $19,836,909
   Intercompany Payables                            212,783,632
                                                   ------------
Total Liabilities Subject to Compromise             232,620,541

Liabilities
   Accounts Payable                                           0
   Notes & Loans Payable                                      0
   Accrued Expenses                                     320,445
   Intercompany Payables                                      0
                                                   ------------
Total Liabilities                                   232,940,986

Equity
Common Stock                                          1,388,356
Paid In Capital                                     227,962,103
Retained Earnings                                  (110,643,290)
YTD Net Income/(Loss)                                  (427,835)
                                                   ------------
Total Equity                                        118,279,334
                                                   ------------
Total Liabilities & Owners' Equity                 $351,220,320
                                                   ============


                    Parmalat USA Corporation
                        Income Statement
               From April 25, 2004 to May 22, 2004

Revenues
   Gross sales                                               $0
   Less: Returns & discounts                                  0
                                                   ------------
   Net sales                                                  0

Expenses
   Raw Materials & Ingredients                                0
   Packaging                                                  0
   Direct Labor                                               0
   Power                                                      0
   Freight                                                    0
   Distribution                                               0
   Industrial Depreciation                                    0
   Production Overhead                                        0
   Warehouse (Cooler)                                         0
   Marketing Costs                                            0
   Sales Admin Expenses                                       0
   General Expenses                                           -
   Financial Costs                                       80,144
   Goodwill/trademarks                                   18,226
   Extraordinary                                              -
   Corporate Allocation                                       -
   Depreciation                                               -
   Amortization                                               -
   Income Taxes                                               -
                                                   ------------
   Total Expenses                                        98,650

Reorganization Expenses                                     250
Professional Fees                                             -
   U.S. Trustee Fees                                          -
   Other                                                      -
                                                   ------------
   Total Reorganization Expenses                            250
                                                   ------------
Net Profit (Loss)                                      ($98,900)
                                                   ============


                    Parmalat USA Corporation
                 Cash Receipts and Disbursements
               From April 25, 2004 to May 22, 2004

Cash - Beginning of Month                                    $0

Receipts From Operations
   Cash Sales                                                 -

Collection of Accounts Receivable
   Prepetition                                                -
   Postpetition                                               -
                                                   ------------
   Total Operating Receipts                                   0

Non - Operating Receipts
   Transfers                                              1,123
   Other                                                      -
                                                   ------------
   Total Non-Operating Receipts                           1,123
                                                   ------------
   Total Receipts                                         1,123
                                                   ------------
Total Cash Available                                      1,123

Operating Disbursements
   Rebates                                                1,123
   Packaging                                                  -
   Direct Labor                                               -
   Power                                                      -
   Freight                                                    -
   Distribution                                               -
   Industrial Depreciation                                    -
   Production Overhead                                        -
   Warehouse (Cooler)                                         -
   Marketing Costs                                            -
   Sales Admin Expenses                                       -
   General Expenses                                           -
   Financial Costs                                            -
   Goodwill/trademarks                                        -
   Extraordinary                                              -
   Corporate Allocation                                       -
   Income Taxes                                               -
                                                   ------------
   Total Expenses                                         1,123

Reorganization Expenses
   Professional Fees                                          -
   U.S. Trustee Fees                                          -
   Other                                                      -
                                                   ------------
   Total Reorganization Expenses                              0
                                                   ------------
Total Disbursements                                       1,123
                                                   ------------
Net Cash Flow                                                 0
                                                   ------------
Cash - End of Month                                           0
                                                   ============


VENUS EXPLORATION: Reports $1.2 Million Net Profit in May 2004
--------------------------------------------------------------
On June 21, 2004, the Company filed its monthly operating report
for May 2004 with the United States Bankruptcy Court for the
Eastern District of Texas.

For the month ending May 31, 2004, Venus Exploration Inc. reports
a $1,268,189.97 profit on $26,514.05 of gross revenues.  

A full-text copy of Venus Exploration Inc.'s May 2004 Monthly
Operating Report is available at no charge at:

   http://www.sec.gov/Archives/edgar/data/312037/000115752304005838/a4666914ex99.txt


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Monday's edition of the TCR delivers a list of indicative prices
for bond issues that reportedly trade well below par.  Prices are
obtained by TCR editors from a variety of outside sources during
the prior week we think are reliable.  Those sources may not,
however, be complete or accurate.  The Monday Bond Pricing table
is compiled on the Friday prior to publication.  Prices reported
are not intended to reflect actual trades.  Prices for actual
trades are probably different.  Our objective is to share
information, not make markets in publicly traded securities.
Nothing in the TCR constitutes an offer or solicitation to buy or
sell any security of any kind.  It is likely that some entity
affiliated with a TCR editor holds some position in the issuers'
public debt and equity securities about which we report.

Each Tuesday edition of the TCR contains a list of companies with
insolvent balance sheets whose shares trade higher than $3 per
share in public markets.  At first glance, this list may look like
the definitive compilation of stocks that are ideal to sell short.  
Don't be fooled.  Assets, for example, reported at historical cost
net of depreciation may understate the true value of a firm's
assets.  A company may establish reserves on its balance sheet for
liabilities that may never materialize.  The prices at which
equity securities trade in public market are determined by more
than a balance sheet solvency test.

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
conferences@bankrupt.com.

Each Friday's edition of the TCR includes a review about a book of
interest to troubled company professionals. All titles are
available at your local bookstore or through Amazon.com. Go to
http://www.bankrupt.com/books/to order any title today.

Monthly Operating Reports are summarized in every Saturday edition
of the TCR.

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.

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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., Fairless Hills, Pennsylvania,
USA, and Beard Group, Inc., Frederick, Maryland USA.  The TCR is
published every Monday through Saturday except on New Year's Day,
Good Friday, Christmas Eve, Christmas Day and New Year's Eve.  
Yvonne L. Metzler, Bernadette C. de Roda, Rizande B. Delos Santos,
Paulo Jose A. Solana, Jazel P. Laureno, Aileen M. Quijano and
Peter A. Chapman, Editors.

Copyright 2004.  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 $675 for 6 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 240/629-3300.

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