TCR_Public/980424.MBX T R O U B L E D   C O M P A N Y   R E P O R T E R
     
      Thursday, April 24, 1998, Vol. 2, No. 81                   
                   
                    Headlines

ADVANTICA RESTAURANTS: Standard & Poor's Assigns Rating
BONNEVILLE PACIFIC: Trustee Announces Filing of Plan
BRUNO'S: Seeks to Close 4 Stores
BRUNO'S: Taps W.R. Gruber as Claims Agent
CREDIT LYONNAIS: Brussels Responds Sharply

CREDIT LYONNAIS: Shares Tumble
ELDER-BEERMAN: Increases in Sales and Operating Profits
EMONS TRANSPORTATION: Favorable Decision On DES Claims
HAGERSTOWN FIBER: Bondholders' Committee
LIBERTY HOUSE: Closes Six Stores

MANHATTAN BAGEL: Objection to Special Counsel
MIDCON OFFSHORE: Hearing on Disclosure Statement
NETS, INC: Responds to Committee's Investigation
PHELPS TECHNOLOGIES: Order Authorizes Sale
RIVER OAKS FURNITURE: To Retain Scott & Stringfellow

SEARCH FINANCIAL: Equity Security Holders Committee
SEARCH FINANCIAL: Order Approves Financial Advisors
STREAMLOGIC: PTG Announces RAIDION Warranty Policy                      
VENTURE STORES: Buyer Could Be KIMCO
VITALE ENTERPRISES: Hearing on Extension of Exclusivity

VITALE ENTERPRISES: Seeks Time to Assume or Reject Leases
WESTERN FIDELITY: Notice of Bar Date for Filing Claims
DLS CAPITAL: Bond Pricing for Week of April 20, 1998

                    *********

ADVANTICA RESTAURANTS: Standard & Poor's Assigns Rating
-------------------------------------------------------
Standard & Poor's CreditWire 4/23/98-- Standard & Poor's
today assigned its single-'B' rating to Advantica
Restaurant Group Inc.'s $592 million 11.25% senior notes
due 2008 and to the company's $200 million revolving credit
facility due 2003.  Standard & Poor's also assigned  
its single-'B' corporate credit rating to the company.  The
outlook is stable.  

The ratings reflect the challenges of improving operations
of Denny's, Advantica's core concept, amid a highly
competitive restaurant industry  environment.  Ratings also
reflect financial risks associated with thin cash  
flow protection despite the reduction of $1.1 billion in
debt and preferred stock dividends through the bankruptcy
of Flagstar Companies Inc., the predecessor company, in
July 1997.  Partially offsetting these risks are the  
company's improved capital structure and somewhat better
financial flexibility.  The latter results from surplus
cash from the sale of Hardee's for $427 million, the
availability of a $200 million revolving credit facility,
and a light maturity schedule.  Additionally, the sale of
557 Hardee's restaurants to CKE Restaurants Inc. eliminated
an underperforming concept and allows
management to focus on its Denny's core family dining
business.  


BONNEVILLE PACIFIC: Trustee Announces Filing of Plan
----------------------------------------------------
Roger G. Segal, as the Chapter 11 Bankruptcy Trustee for
Bonneville Pacific Corporation, announced that he has filed
a proposed Chapter 11 plan of reorganization for
BPCO along with a proposed disclosure statement.  The
proposed plan, disclosure  statement and related documents
(including exhibits) total almost six hundred (600) pages
in length.

Generally, the terms of the proposed plan are consistent
with the terms of a Conditional  Letter Agreement executed
on December 31, 1997.

A hearing  before the Bankruptcy Court on the adequacy of
the proposed disclosure  statement is scheduled for June 3,
1998.  


BRUNO'S: Seeks to Close 4 Stores
--------------------------------
The Debtors are seeking authorization to reject four
unexpired leases of real property on which they have been
operating as supermarkets, three of which are located in
Georgia, and one in Alabama.

Despite the closing of these supermarkets, the Debtors have
been fulfilling their postpetition obligations under each
of their Leases.  However, in the Debtors' business
judgment, after evaluating each of the four Leases, the
Debtors have determined that any costs associated with
attempting to market the Leases would be significantly
greater than any potential value that might be realized by  
any future sale or sublease.  Accordingly, the Debtors
have determined, in the exercise of their business
judgment, that it is in the best interests of their estates
to reject all four of the Leases.


BRUNO'S: Taps W.R. Gruber as Claims Agent
-----------------------------------------
The Debtors ask the Court for permission to employ W.R.
Gruber & Associates as their Official Claims Agent.  
Because there are approximately 15,000 creditors in their
chapter 11 cases, it is impracticable for the Clerk's
Office to efficiently docket and maintain the extremely
large number of claims that the Debtors expect will be
filed in these cases.

Engagement by the Debtors of a Claims Processing Agent is
the most effective and efficient manner to facilitate the
process of receiving, docketing, maintaining, photocopying
and transmitting proofs of claim in these cases.  
Therefore, the Debtors propose to employ W.R. Gruber &
Associates to serve as the Debtors' Claims Agent.


CREDIT LYONNAIS: Brussels Responds Sharply
------------------------------------------
BRUSSELS yesterday threw down the gauntlet to the French
government, warning that, unless it agreed European
Commission terms for bailing out the Credit Lyonnais bank
once and for all, it would block all further state handouts
and force the bank to repay the Ff45 billion ( pounds 4.5
billion) it received in 1995.

Karel Van Miert, the EU commissioner for competition, said
Credit Lyonnais must sell or close down all its commercial
interests in Europe outside France, close around 20pc of
its high street branches and privatise its domestic  
operation "in one go" to the "best" bidder by the end of
next year.

A commitment to shed 50pc of the bank's EU assets outside
France by the end of 1998 - agreed under the 1995 rescue
plan - has seen barely half that promise being honoured,
said an EU source said yesterday.

Yet the bank is seeking a further handout of between Ff120
billion and Ff190  billion. "The amount varies from day to
day - we keep receiving all kinds of  contradictory data,"
he said.

"Sometimes we are told that Credit Lyonnais must maintain
its presence in London and Luxembourg if it is to remain
viable. Then we hear Zurich is the prize it cannot afford
to lose.  "The bottom line is that for Credit Lyonnais to
keep any `crucial' EU operation outside France, it will
have to make `alternative sacrifices' elsewhere in the
world - if the government is to be allowed to keep Credit  
Lyonnais afloat."

Dominique Strauss-Kahn, the French finance minister,
yesterday said it was "out of the question" to allow the
bank to go bankrupt. "Talks with the  European Commission
have not yet ended." (Daily Telegraph London - 04/22/98)


CREDIT LYONNAIS: Shares Tumble
------------------------------            
SHARES in Credit Lyonnais crashed on the Paris bourse
yesterday amid fears that the European Commission could
block a rescue package, pushing the troubled French bank
into liquidation. France's finance minister, Dominique
Strauss- Kahn, was forced to issue a statement promising
the government's continued backing for Credit Lyonnais and
dismissing fears that the bank could be forced  
out of business.

"Any suggestion of a bankruptcy for Credit Lyonnais is
obviously out of the question," Mr Strauss-Kahn said.   In
recent years the French government has been forced to mount
a series of rescue operation at Credit Lyonnais, with
some  estimates putting the bill to the French taxpayer at
Fr190 billion ( pounds 19  billion). The bank's woes stem
from huge losses on its loan book in the early 1990s
following aggressive expansion. (Guardian; 04/22/98)


ELDER-BEERMAN: Increases in Sales and Operating Profits
-------------------------------------------------------
The Elder-Beerman Stores Corp. reported increases in sales
and operating profit for both the fourth quarter and fiscal
year ended January 31, 1998.  Elder-Beerman achieved these
results while emerging from chapter 11 bankruptcy
protection on December 30, 1997.

For the 13-week fourth quarter, net sales improved to
$195.2 million, a 2.3  percent increase over the same
period last year.  Comparable department store  sales
(sales from stores open for a least one year) increased 6.0
percent for  the quarter.  Earnings before interest,
income taxes, depreciation,  amortization and expenses
related to the Company's chapter 11 reorganization,  or
"EBITDA(R)," a common measure of operating performance for
companies in  chapter 11, improved to $22.4 million, a 37.5
percent increase over the $16.3  million for the fourth
quarter last year.  Net loss for the fourth quarter was  
$16.7 million.  This net loss includes charges related to
the Company's chapter 11 reorganization of $35.4 million,
which includes reorganization costs of  $14.7 million and
an extraordinary loss due to debt discharge of $28.1
million, less gain from discontinued operations
of $7.4 million.

For fiscal year 1997, net sales improved to $581.4
million, a 2.1 percent  increase over 1996.  Comparable
department store sales increased 3.7 percent over 1996.
EBITDA(R) improved to $43.9 million, a 35.1 percent
increase over 1996. Net loss for fiscal 1997 was $29.0
million.  This loss includes charges  related to the
Company's chapter 11 reorganization of $48.2 million, which  
includes reorganization costs of $27.5 million and
an extraordinary loss due to  debt discharge of $28.1
million, less gain from discontinued operations of $7.4  
million.

Improvement in EBITDA(R) is the most meaningful measure of
Elder-Beerman's performance in 1997, particularly since the
Company's 1997 financial statements  are significantly
impacted by reorganization-related expenses and other
items  that do not reflect how well Elder-Beerman actually
performed in the past year.

Elder-Beerman previously announced comparable department
store sales increases of 11 percent and 5.9 percent in
February and March 1998, respectively, as well as new store
openings later this summer at the Dayton Mall in Dayton,
Ohio, and the Millcreek Mall in Erie, Pennsylvania.


EMONS TRANSPORTATION: Favorable Decision On DES Claims
--------------------------------------------------------
Emons Transportation Group, Inc. today announced that
United States Bankruptcy Judge Prudence Carter Beatty of
the Southern District of New York has granted summary
judgment in favor of Emons Industries, Inc., a wholly owned
subsidiary of the Company, on its claim that DES claims
against it are unsecured claims against its Chapter 11
estate, not claims against Industries as a reorganized  
company.

Prior to March 1971, under previous management, Industries
(then known as Amfre-Grant, Inc.) was in the business of
distributing various pharmaceutical products.  Amfre-Grant
was among the hundreds of companies which marketed DES  
(diethylstilbestrol) as a miscarriage preventative between
1947-1971.  

Industries filed a petition for reorganization in March
1984 and its plan of reorganization was confirmed in
December 1986.  Although DES claims were filed against
Industries' estate prior to 1986, after confirmation of the
plan  hundreds more DES cases were filed in which
Industries was named as one of many  defendants.  
Industries claimed that these post-petition plaintiffs
were pre- petition creditors of Industries because the
exposure to the allegedly  injurious product occurred pre-
petition.  

Accordingly, Industries claimed that the post-petition
plaintiffs were entitled only to unsecured claims against  
Industries' Chapter 11 estate, in which an escrow fund had
been established  allowing all post-petition claimants to
the same pro rata distribution of  property as was received
by entities which had filed pre-confirmation unsecured  
claims.  

The Bankruptcy Court agreed with Industries, and held in
its decision dated April 16, 1998, that Industries was
entitled to summary judgment that post-confirmation
plaintiffs are entitled only to distributions of property  
from Industries' Chapter 11 estate as set forth in
Industries' plan and no  other or further recovery against
Industries.  The court's decision may be appealed by DES
claimants.


HAGERSTOWN FIBER: Bondholders' Committee
----------------------------------------
The law firm of Willkie Farr & Gallagher are the attorney
for the unofficial Bondholders' Committee for Hagerstown
Fiber Limited Partnership, debtor.

As of March 20, 1998, the principal amount of the debtors'
bonds held, advised or managed by members of the
Bondholders' Committee approximated $159,000,000.  As of
such date, the members of the Bondholders Committee were
as follows:

Amroc Investments
Angelo, Gordon & Co.
Lehman Brothers
Oaktree Capital Management LLC
Smith Barney
T. Rowe Price Associates, Inc.
Vanguard Group, Inc.


LIBERTY HOUSE: Closes Six Stores
--------------------------------
As part of its efforts to cut costs and reorganize under a
Chapter 11 bankruptcy filing, Liberty House closed a
specialty store and plans to close five others.

It shut down the Liz Claiborne store at Pearlridge Center,
but also on the list for closures are: the Elements store
at Aloha Tower Marketplace, and Home Outlet and Rack stores
at Maui Marketplace, all of which were to close by April
19. On April 30, it will shut down Collections at the Kauai
Marriott, and on May 5, it will close Home Outlet at Ward
Gateway Center in Honolulu.

Those stores generated $11.3 million in sales revenue last
year and a profit of $600,000.
(Pacific Business News Honolulu 04/20/98)


MANHATTAN BAGEL: Objection to Special Counsel
---------------------------------------------
Attorney Advisor in the Office of the United States
Trustee sent a letter to Judge William H. Gindin objecting
to the retention of Schulte Roth & Zabel LLP as special
counsel to the debtor, Manhattan Bagel Company, Inc.. The
objecting attorney states that David Brodsky's affidavit
in support o retention states that the firm may have
represented in the past and may presently represent
certain of the debtor's secured and unsecured creditors in
connection with matters unrelated to the debtor's
bankruptcy filing...

The Attorney Advisor point out that this statement does
not constitute adequate disclosure of any conflicts of
interests the firm may have and does not provide enough
information of the US Trustee to make a judgment about
whether the firm may be retained.


MIDCON OFFSHORE: Hearing on Disclosure Statement
------------------------------------------------
The hearing to consider approval of the Disclosure
Statement of Midcon Offshore, Inc., debtor will be held on
May 13, 1998.

The plan establishes the means by which the allowed claims
of creditors will be paid.  Under the plan, creditors with
allowed claims will be paid as set forth herein.

The dollar amount following each class is the estimate of
asserted claims.

Class 1. Allowed Administrative Expense Claims.
Unimpaired. $1,761,971.

Class 2. Allowed Administrative Claims of Professionals.
Impaired. $3,932,678.

Class 3. Allowed Priority Non-Tax Claims. Unimpaired.
$185,456.

Class 4. Allowed Priority Tax Claims. Unimpaired.
$1,111,235.

Class 5. Allowed Secured Claim of Louis Dreyfus Natural
Gas Corporation. Impaired/Disputed. Approximately $12.8
million

Class 6. Allowed Secured Claims of Mineral Lien claimants.
Impaired. Amount of Asserted Claims unknown.

Class 7. Allowed Claims of Working Interest Owners.
Impaired. $1,106,094

Class 8. Allowed General Unsecured Claims less than $2
million. Impaired. Amount of asserted claims unknown.

Class 9. Allowed General Unsecured Claims. Impaired. $20-
$40 million.

Class 10. Allowed Subordinated Claim of Dreyfus. Impaired.
Unknown.

Class 11. Equity Interests in the debtor. Impaired.
Unknown.


NETS, INC: Responds to Committee's Investigation
------------------------------------------------
The debtor, Nets, Inc. responds to the motion of the
Official Committee of Unsecured Creditors' request for
authority to investigate and prosecute claims against an
insider of the debtor, James Manzi.

The debtor argues that by applicable law, a party such as
the creditors' Committee may not bring actions based on
preferential and/or fraudulent transfers, which are
expressly assigned by the Bankruptcy Code to the
discretion of the trustee or debtor, until the party shows
that there exists a colorable claim that, if successful
would yield a net benefit for the estate, that despite
demand on a statutorily authorized representative to take
action, the demand is declined, and the representatives'
inaction is an abuse of discretion.

The debtor does not believe that there is any basis for
bringing the Manzi Complaint or refusing to repay the
Manzi Loans.  The Authority Motion does not allege, or
prove, that the debtor's position is an abuse of
discretion.  Further, the debtor states that it has
already determined that nothing supports the Committee
s allegations in the Avoidance actions.  The debtor
concluded that litigation against Manzi has no basis and
would only cause unnecessary expense, delay and
inconvenience

Manzi has proposed a settlement of the dispute, a $140,000
reduction of his claim in excess of $1.6 million, which
the debtor believes would be in the best interests of the
estate.


PHELPS TECHNOLOGIES: Order Authorizes Sale
------------------------------------------
The debtors, Phelps Technologies, Inc., and Phelps Tool
and Die Houston, Inc. entered into an agreement with
Foxconn Corporation providing for the purchase of certain
assets. The court approved the sale by order dated April
7, 1998.  The purchase price is as follows: $5,450,000 for
the Kansas City Property; $3,750,000 for the machinery and
equipment; $2,450,000 for all inventory of the debtor as
described in the agreement and $600,000 for the Phelps
Trust Equipment, payable in cash at closing.


RIVER OAKS FURNITURE: To Retain Scott & Stringfellow
----------------------------------------------------
River Oaks Furniture, Inc. and its affiliated companies,
as debtors, seek to retain Scott & Stringfellow, Inc. as
financial consultant and investment banking firm to the
debtors.

The firm charges a monthly fee of $10,000.  In addition to
the monthly fee, the debtors would pay reasonable expenses
not to exceed $5,000 per month and 1% of the Aggregate
Consideration received by the debtors in any transaction.  

The firm is familiar with the debtors business and
financial affairs, and the debtors submit that the
employment of the firm is in the best interest of the
estates.

In a companion filing, the debtors are seeking to
consolidate their cases under the joint administration of
River Oaks Furniture, Inc.


SEARCH FINANCIAL: Equity Security Holders Committee
---------------------------------------------------
As of April 7, 1998, the United States Trustee appointed
the following persons to the Equity Security Holders
Committee in the case of Search Financial Services
Acceptance Corp., and its affiliated companies.

Kent M. Klineman
Thomas Herbelin
Harold Hogue, MS Diversified Corporation
Kenneth T. Millar, R-H Capital Partner, LP
Curt Cleaver
Richard A. Berns, Northstar Securities Inc.
Earle May, May Management


SEARCH FINANCIAL: Order Approves Financial Advisors
---------------------------------------------------
Upon the application of MS Financial, Inc., debtor,
seeking an order authorizing and approving the employment
of Price Waterhouse, LLP, the court entered an order
authorizing the employment of Price Waterhouse, reserving
the right to reexamine the rates of the firm if it deems
it appropriate to do so.


STREAMLOGIC: PTG Announces RAIDION Warranty Policy                      
--------------------------------------------------   
Peripheral Technology Group, Inc. (PTG) announced a policy
to honor certain end-user warranty service claims on
RAIDION products purchased from StreamLogic, Inc. (formerly  
Micropolis).  PTG, based in Chanhassen, Minn., recently
acquired RAIDION technology, manufacturing and trademark
rights from StreamLogic following that company's bankruptcy
in June of 1997.

"Although we didn't assume StreamLogic's warranty
liabilities in the acquisition, we feel this is the right
thing to do for our customers," said Steven Hall, PTG's
president and CEO.  "The failure of StreamLogic left many  
RAIDION customers without warranty recourse."

The new warranty policy provides customers with the
following coverage for the remainder of the original
warranty:

RAIDIONplus and Gandiva hardware RAID controllers will be
covered at 100 percent of repair or replacement cost.

RAIDION LT, LTX and RTX power supplies, cooling fans and
backplane components will be covered at 100 percent.

For a limited time, a separate, discounted upgrade program
is also available to cover defective Micropolis disk drive
modules. The upgrade program  allows RAIDION customers to
replace Micropolis disk drives with newer-technology models
featuring Ultra-SCSI connections for less than half the
cost of a replacement module. (Non-Micropolis disk drives
in RAIDION systems are covered through PTG under the
original OEM warranty with the drive  manufacturer.)


VENTURE STORES: Buyer Could Be KIMCO
------------------------------------
The rumors are flying, and according to one source, Kimco
Realty Trust, owner of 47 stores and other Venture
property, is negotiating with Venture's other principal
mortgage holder, MetLife, to buy its properties, and with
Venture to liquidate the real estate assets of the company.

An estimated $50 million has been offered by Kimco.  
According to D.G. Hart Associates Inc., real estate
advisors to the debtor, the company is worth $160 million.

Kimco's clients include Kohls Deparment Stores, WalMart and
Toys/Kids R Us, although it is unknown if Kimco is planning
to install one of those clients in the stores..

According to the a report from Venture Stores Bankruptcy
News, the "unused availability" of Venture's bankruptcy
financing as of April 4, 1998 was $30.3 million, down from
$32.2 million the week before. (St. Louis Business Journal
20-Apr-1998)


VITALE ENTERPRISES: Hearing on Extension of Exclusivity
---------------------------------------------------------
The debtors, Vitale Enterprises, Inc., et al., seek an
extension of the debtors' exclusive periods for filing a
plan and soliciting acceptances thereto.  A hearing on the
motion will be held on May 5, 1998.

The debtor requests that the period during which it has
the exclusive right to file a plan of reorganization be
further extended by approximately sixty days to June 30,
1998 and that the period during which the debtor has the
exclusive right to solicit acceptances to the plan be
further extended by approximately sixty days to August 31,
1998.

The Responsible Officer Order provides that commencing on
May 1, 1998, the debtors and the Committee shall have co-
exclusivity with respect to the filing of a plan or plans
of reorganization for the debtors.

Since the commencement of the cases, the debtors have
negotiated with First Union National Bank and National
Cooperative Bank on the terms of interim cash collateral
orders, negotiated the terms of an order for post petition
financing, confronted a motion by the Committee to appoint
a trustee, resolved by entry of the Responsible Officer
Order, and evaluated the debtors' operations, the leases,
and the prospects for funding a plan of reorganization.

The debtors are marketing three of their eight stores, and
if they fail to reach a consensual plan by April 15, 1998,
the debtors and the responsible officer will take all
steps necessary to sell the stores.

The debtors and the Responsible Officer have had extensive
discussions with a number of third parties in an effort to
promulgate a plan of reorganization. Although these
discussions, according to the debtors, are currently in a
state of flux, it is anticipated that they will proceed in
great depth after the contemplated assumption and
assignment of the Leases is completed.


VITALE ENTERPRISES: Seeks Time to Assume or Reject Leases
---------------------------------------------------------
On May 5, 1998 a hearing will be held on the motion of the
debtors, Vitale Enterprises, Inc., et al, seeking an
extension of the debtors' time to assume or reject
unexpired leases of non-residential real property.  

The debtors request that their time to assume or reject
the leases be further extended by approximately ninety
days to July 31, 1998.

Since the commencement of the cases, the debtors have
negotiated with First Union National Bank and National
Cooperative Bank on the terms of interim cash collateral
orders, negotiated the terms of an order for post petition
financing, confronted a motion by the Committee to appoint
a trustee, resolved by entry of the Responsible Officer
Order, and evaluated the debtors' operations, the leases,
and the prospects for funding a plan of reorganization.

The debtors are marketing three of their eight stores, and
if they fail to reach a consensual plan by April 15, 1998,
the debtors and the responsible officer will take all
steps necessary to sell the stores.

An extension of time to assume or reject the remaining
leases is essential to maximize the return to the debtors'
estates, pursuant to a consensual plan of reorganization
or otherwise, and to carry out the terms of the
Responsible Officer Order.


WESTERN FIDELITY: Notice of Bar Date for Filing Claims
------------------------------------------------------
In The Wall Street Journal Thursday April 23, 1998, Western
Fidelity Marketing, Inc. and Western Fidelity Financial
Corporation, debtors, published notice of a Bar Date for
filing claims.  The Bankruptcy Court fixed May 20, 1998 as
the bar date for the filing of proofs of claim by all
creditors other than governmental units.


DLS CAPITAL: Bond Pricing for Week of April 20, 1998
----------------------------------------------------
Following are indicated prices for selected issues:

Amer Telecasting 0/14 1/2 '04                21 - 24
Asia Pulp & Paper 11 3/4 '05             96 1/2 - 97 1/2
APS 11 7/8 '06                               19 - 21 (f)
Boston Chicken 7 3/4 '04                     40 - 42
Bradlees 11 '02                               1 - 4 (f)
Brunos 10 1/2 '05                            21 - 22 (f)
CAI Wireless 12 1/4 '02                      20 - 22
Cityscape 12 3/4 '04                         40 - 43
E & S Holdings 10 3/8 '06                    83 - 85
Grand Union 12 '04                           56 - 57 (f)
Harrah's Jazz 14 1/4 '01                     31 - 33 (f)
Hechinger 9.45 '12                           79 - 80
Hills 12 1/2 '03                         91 1/2 - 92 1/2
Great Baye 10 7/8 '04                        86 - 88 (f)
Levitz 9 5/8 '03                             46 - 48 (f)
Liggett 11 1/2 '99                           76 - 78
Mobilemedia 9 3/8 '07                        12 - 13 (f)
Penn Traffic 9 58 '05                        47 - 48
Royal Oak 11 '06                             75 - 77
Trump Castle 11 3/ 4 '03                     91 - 93
Zenith 6 1/2 '11                             48 - 50

Secondary activity extremely light this week, with traders
attributing it to the Bear Stears conference.  Bonds of
Hechinger and Boston Chicken moved up.

                 *********

The Meetings, Conferences and Seminars column appears
in the TCR each Tuesday.  Submissions via e-mail to
conferences@bankrupt.com are encouraged.  

Bond pricing, appearing each Friday, is supplied by DLS   
Capital Partners, Dallas, Texas.  

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.,
Princeton, NJ, and Beard Group, Inc., Washington, DC.  
Debra Brennan and Lexy Mueller, Editors.   
  
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