TCR_Public/990512.MBX     T R O U B L E D   C O M P A N Y   R E P O R T E R=20
    =20
         Wednesday, May 12, 1999, Vol. 3, No. 91
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                       Headlines

ACME METALS: Seeks Extension of Exclusivity
ALADDIN: Partners Pump $25 Million Into Resort Project
ALBATRONICS: May Face Imminent Liquidation
BRADLEES: Chairman to be Inducted into CPA Hall of Fame=20
BRUSH CREEK: Approves Merger, Issues Reverse Split

CHERNIN SHOES: Seeks Chapter 11 Protection
CODON: Seeks Time to Assume/Reject HQ Lease
CONCORD ENERGY: Order Approves Special Accountant
CRESCENT PUBLIC: Amnex Announces Bankruptcy
DOW CORNING: Objections To Plan Continue

FPA MEDICAL: Disregard Tuesday's Trustee-Related News
FULCRUM DIRECT: Seeks Interim and Final Financing
GOLDEN BOOKS: Reports Improved First Quarter=20
GREATE BAY: Reports First Quarter Results
HOME PLACE: Disclosure Statement Wins Court Approval

HUNGARIAN TELEPHONE: Announces Revised Structure =20
INTERACTIVE NETWORK INC.: Settles Debt to NBC
JINRO COORS: Coors Co. Bidding for Jinro=20
JUMBOSPORTS: Bondholders' Limited Objection To Settlement
LONG JOHN: Seeks Extension of Exclusivity

MAXICARE: Reports First Quarter 1999 Results
MEDPARTNERS: Pacific Physicians Offers Acquisition
MESA AIR: Merger Vote June 8, 1999
NU-KOTE: Seeks Approval of Key Employee Retention=20
PITTSBURGH PENGUINS: Penguins Not Dead Yet                             =20

PLASTIC TRIM: Plan and Disclosure Statement
SOLO SERVE: Seeks To Terminate Registration of Securities
STARBOARD INDUSTRIES: Plan and Disclosure Statement
THORN APPLE: Objects To Ford's Motion to Compel Assumption
UDC HOMES: Jury Rules In Favor of Arthur Andersen

VALU FOOD: Delays Exit from Chapter 11
WESTMORELAND COAL CO.: Stockholder Revolt?
WESTMORELAND COAL: ISS Recommends A Vote
=20
                  *********

ACME METALS: Seeks Extension of Exclusivity
-------------------------------------------
The debtors, Acme Metals Incorporated and its debtor=20
affiliates seek an extension of the debtors' exclusive=20
periods within which to file a plan of reorganization and=20
solicit acceptances thereto.  The debtors seek to extend=20
the Exclusive Proposal Periods and exclusive Solicitation=20
Periods for approximately 90 days, to and including July=20
26, 1999 and September 24, 1999, respectively. The debtors=20
have been advised that the Acme and Alpha Tube Committees=20
have consented to this request.=20

The debtors assert that these cases are large and complex,=20
consisting of six separate debtors, several hundred=20
creditors, and various manufacturing facilities and sales=20
offices throughout the United States.

The debtors have current pre-petition liabilities estimated=20
at $38.5 million and outstanding long term debt of over=20
$400 million.  The are date in this case has been set for=20
June 1, 1999.  The debtors' management has implemented=20
aggressive cost cutting measures and the debtors' operation=20
have shown marked improvements.  The debtors argue that=20
they have resolved adequate protection issues with two=20
important secured creditors and they believe they will soon=20
present tot he court adequate protection stipulations with=20
respect ot all other secured creditors.


ALADDIN: Partners Pump $25 Million Into Resort Project
-------------------------------------------------------
The Las Vegas Review-Journal reports on May 3, 1999 that=20
partners in the $1.3 billion Aladdin resort have pumped $25=20
million into the construction project to pull it out of=20
default and raise its net worth to $100 million.  =20

Accounting changes forced a decline in the project's net=20
worth, placing it in default of its bonds.  But the recent=20
cash infusion of cash by The Sommer Family Trust and London=20
Clubs International have remedied the situation, according=20
to a recent filing with the federal Securities and Exchange=20
Commission. The family trust owns 72 percent of the=20
project. London Clubs has 22 percent and Aladdin Gaming's=20
senior management holds the remaining 3 percent. =20

The project will require an additional infusion of $33=20
million before its scheduled second-quarter 2000 opening to=20
maintain its $100 million net worth. Meanwhile, work=20
schedules recently returned to normal at the project, which=20
was plagued by the death of a construction worker who was=20
crushed by a floor collapse.  "We wanted to make sure along=20
with all of the government entities and the contract that=20
this was not (a project) that was putting anyone at risk,"=20
said Aladdin Gaming President and Chief Executive Officer=20
Richard Goeglein. The Aladdin's hotel tower is at the 33-
story level and has six floors to be constructed.


ALBATRONICS: May Face Imminent Liquidation
------------------------------------------                        =20
The South China Morning Post reports on May 11, 1999 that    =20
consumer electronics-maker Albatronics (Far East) announced=20
a $194.54 million net loss for the first three months of=20
the year and warned it might face imminent liquidation.

The company said it was facing severe cash-flow problems=20
and was having difficulties meeting its financial=20
obligations. The board believed the company might have to=20
be liquidated "within a short period of time" if:

Customers and suppliers did not continue to support the=20
group;

Majority shareholder, Nam Tai Electronics, and key=20
creditors and bankers could not agree on debt=20
restructuring; or: Any of the parties proceeded with legal=20
action against the group.  The firm's accounts were=20
prepared on a liquidation basis, with all long-term assets=20
written down to their net realisable value. It recorded=20
$153.23 million in exceptional losses due to provisions for=20
inventories and severance payments, and write-down of=20
interests in associated companies, plant and machinery, and=20
property.
Turnover was $282.99 million, compared with $526.15 million=20
in the first three months of last year when it made a net=20
profit of $5.71 million.  The company last month averted=20
the immediate threat of liquidation after reaching an=20
agreement to restructure about $600 million in debt.


BRADLEES: Chairman to be Inducted into CPA Hall of Fame=20
-------------------------------------------------------           =20
Peter Thorner, Chairman and CEO of Bradlees, Inc., has been=20
named to the American Institute of Certified Public=20
Accountants (AICPA) Hall of Fame. He will be formally=20
inducted in a ceremony to take place May 21 in Puerto Rico.=20
The AICPA has 140,000 members working in business and=20
industry.

The AICPA Hall of Fame honors outstanding CPAs in business=20
and industry who have pioneered revolutionary changes=20
within financial management in the last decade and=20
recognizes the expanded responsibilities CPAs have assumed=20
in business and industry. Hall of Fame members are selected=20
for their demonstrated leadership, vision, team building=20
and a commitment to implementing technological change to=20
add value for customers and shareholders.

Thorner and his management team at Bradlees have engineered=20
a turnaround that has led the company out of Chapter 11=20
bankruptcy protection and increased  sales, profitability=20
and customer service levels. Under his direction, the =20
company has focused on three core product lines - basic and=20
casual apparel,  home furnishings and selected hardlines=20
merchandise.

The company has also reintroduced lower opening prices,=20
reinstituted the layaway plan and retooled marketing=20
programs and circulars that emphasized item values and=20
price-point offerings. In addition, two innovative=20
merchandising programs have been established -- "Certified=20
Value" and "WOW!" -- which have received an enthusiastic=20
response from customers.

Thorner also significantly reduced overhead while improving=20
operating efficiencies and implemented a new merchandising=20
management system, a new mainframe computer system, and an=20
internet accounts payable inquiry system.

Bradlees fiscal 1998 EBITDA (a measure of operating=20
earnings) was $32.4 million, an improvement of $6.8 million=20
or 27% over fiscal 1997. This was achieved on top of an $81=20
million EBITDA turnaround in fiscal 1997 over fiscal =20
1996. Comparable store sales increased 3.5% in fiscal 1998,=20
the first positive annual comparable store sales=20
performance in five years.

Bradlees (NASDAQ:BRAD) is a regional discount retailer with=20
102 stores in seven Northeastern states and annual total=20
sales of $1.4 billion. General information about Bradlees,=20
including corporate background and press releases, =20
is available on the internet at http:/www.bradlees.com


BRUSH CREEK: Approves Merger, Issues Reverse Split
--------------------------------------------------
On March 1, 1999 Brush Creek Mining & Development Co., Inc.=20
issued 3,730,861 fully paid shares of the company's common=20
stock to Jefferson A. Bootes.  Each share had a par value=20
of $ .001.  On the same date Mr. Bootes was appointed=20
President and Secretary of Brush Creek Mining & Development=20
Co., Inc.  On April 12, 1999 the Board of Directors of=20
Brush Creek Mining & Development Co., Inc. and J.A.B.=20
International Trading Co. entered into an agreement whereby=20
J.A.B. will be merged with Brush Creek Mining & Development=20
Co., Inc.  Stockholders who, in the aggregate, own a=20
majority of the issued and outstanding capital stock of=20
J.A.B. will receive one share of Brush Creek Mining &=20
Development common stock for each share of J.A.B.  The=20
merger is being planned under one or more transactions to=20
effect a tax-free transition.  A full-text copy of the=20
merger agreement is available free at:=20

http://www.sec.gov/cgi-bin/srch-edgar?0000950170-99-000746

On April 13, 1999 Brush Creek Mining & Development Co.,=20
Inc. effected a one-for-twelve reverse stock split of the=20
company's common stock.  Prior to the split the company had=20
a total of 10 million authorized shares of common=20
stock with a par value of $ .001 per share.  After the=20
split the company still had authorized 10 million shares of=20
common stock having a par value of $ .001 per share.  The=20
company issued one share of common stock for each=20
twelve shares of common stock held and outstanding=20
immediately prior to the effective date of the split. =20
Fractional shares, as a result of the split, were rounded=20
up to the nearest whole share.  No cash payment was made=20
for fractional shares and no approval of the company's=20
stockholders was required for the reverse split.


CHERNIN SHOES: Seeks Chapter 11 Protection
------------------------------------------
Chernin Shoes Inc. sought Chapter 11 bankruptcy=20
protection from its creditors Monday after an out-of-court=20
restructuring plan  with its largest creditors failed to=20
provide enough financial relief. (The Chicago Tribune=20
reports) The filing was made with unofficial support of the =20
Chicago-based footwear retailer's creditors and=20
suppliers, an attorney  representing Chernin's said.=20
Chernin's officials did not disclose whether eight of its=20
full-service locations or four outlets will be closed.


CODON: Seeks Time to Assume/Reject HQ Lease
-------------------------------------------
The debtors, Codon Pharmaceuticals, Inc. and Oncor, Inc.=20
seek an extension of the time to assume or reject an=20
unexpired lease of nonresidential real property.
The lease covers non-residential real property located in=20
Gaithersburg, Maryland, relating to the corporate offices=20
of the debtors.

The debtor seeks an extension for an additional 60 days,=20
through and including June 28, 1999.

The debtor is not yet in a position to determine whether to=20
assume or reject the lease.  Specifically, the debtor has=20
not determined whether it is in the best interests of=20
creditors to propose a standalone plan of reorganization or=20
a plan which contemplates the sale of all or part of the=20
estates' assets.  =20


CONCORD ENERGY: Order Approves Special Accountant
-------------------------------------------------
By order of the US Bankruptcy Court for the Western=20
District of Texas, San Antonio Division, the debtors,=20
Concord Energy Incorporated and Knight Equipment &=20
Manufacturing Corporation, are authorized to employ Scott=20
Kalish as special accountant to the debtors.


CRESCENT PUBLIC: Amnex Announces Bankruptcy
-------------------------------------------
AMNEX, Inc. announced that a Petition under Chapter 11 of=20
the Federal Bankruptcy Code was  filed late yesterday by a=20
subsidiary of the Company, Crescent Public Communications=20
Inc.  The Company and American Network Exchange, =20
Inc. ("ANEI"), a subsidiary, filed Petitions under Chapter=20
11 on May 5, 1999.

The Company believes that Jackson National Life Insurance=20
Company, Crescent's primary lender, may challenge the=20
filing of the Chapter 11 Petition by Crescent. The Company=20
believes that this filing is proper and is bringing an =20
action before the Bankruptcy Court for a declaration=20
confirming the validity of this filing.

During the last two weeks intensive negotiations have been=20
conducted among the Company, its principal stockholders,=20
existing lenders and prospective lenders and investors in=20
an effort to obtain ongoing financing. The negotiations=20
have not been successful and the Company has been unable to=20
obtain the financing necessary to enable it to continue its=20
operations and those of ANEI and Crescent outside of the=20
protection of the Bankruptcy Court.

Accordingly, on May 5, 1999 each of the Company and ANEI=20
filed, and late yesterday Crescent filed, a petition=20
seeking protection under the reorganization provisions of=20
Chapter 11 of the Federal Bankruptcy Code. The Company is=20
exploring opportunities for possible debtor in possession=20
financing to enable the Company, ANEI and Crescent to=20
continue operations for a period of  time. During that=20
period the Company may seek purchasers for portions of its =20
business on a going concern basis and otherwise seek to=20
maximize values. There is no assurance that these efforts=20
will be successful.  In the event that the Company is=20
unable to obtain debtor in possession financing so as to=20
enable it to continue operations, the Company will have no=20
choice other than to liquidate  on as orderly a basis as=20
possible.


DOW CORNING: Objections To Plan Continue
----------------------------------------
The amended reorganization plan filed jointly by Dow=20
Corning Corp. and the tort claimants' committee has come=20
under attack from a number of parties including the=20
official committees of unsecured creditors and physician=20
creditors, the U.S. and the foreign claimants. The=20
creditors' committee, or the commercial committee, has=20
asserted that the plan was "formulated and proposed in an=20
inequitable, unconscionable and impermissible manner, and=20
contains inequitable, unconscionable and impermissible=20
terms and conditions." The confirmation hearing is set for=20
June 28. Claimants have until May 14 to vote on the plan.
(The Daily Bankruptcy Review and ABI Copyright c May 11,=20
1999)


FPA MEDICAL: Disregard Tuesday's Trustee-Related News
-----------------------------------------------------
TCR subscribers should disregard the news appearing in=20
yesterday's TCR concerning appointment of BBK CEO B.N.=20
Bahadur Named as Trustee of FPA Medical Management Inc.

BBK, Ltd. said the newswire release announcing that erroneous=20
news was sent inadvertently and apologizes for any=20
inconvenience this may have caused.=20
=A0=20

FULCRUM DIRECT: Seeks Interim and Final Financing
-------------------------------------------------
By order of the US Bankruptcy Court for the District of=20
Delaware, the debtors, Fulcrum Direct, Inc., Fulcrum West=20
LLC and Equipment Bond Purchaser, Inc., are authorized to=20
extend the DIP financing facility made available by IBJ=20
Schroder Business Credit Corporation, increasing the=20
aggregate amount of post-petition advances currently =20
authorized and continuing to grant the lender first lien=20
and senior security interests and superpriority claims. If=20
no objections are filed, this interim sixth extension order=20
will become the final sixth extension order.  The total=20
budget for April 1999 provides a total of $338,000.


GOLDEN BOOKS: Reports Improved First Quarter=20
--------------------------------------------      =20
Golden Books Family Entertainment, Inc. reported a first=20
quarter operating loss before depreciation and amortization=20
of assets (EBITDA) of $2.7 million, compared with an EBITDA =20
loss of $13.0 million in the first quarter of 1998.=20
Revenues of $34.8 million declined by $11.7 million=20
compared to $46.5 million in 1998.

Richard E. Snyder, Chairman and Chief Executive Officer of=20
the Company, said, "Our first quarter results demonstrate=20
that we have brought our costs under control. In addition,=20
we have applied a disciplined approach to the elimination=20
of sales below acceptable margin rates. We remain firmly=20
committed to Golden Books' turnaround." Revenues

While revenues decreased in all three of the Company's=20
operating segments due to the factors described below, the=20
Company believes that the overall revenue decline is=20
partially attributable to the impact of its February 26,=20
1999 reorganization filing under Chapter 11 of the United=20
States Bankruptcy Code.

Consumer Products revenues decreased $7.2 million (19.9%)=20
to $29.0 million for the three months ended March 27, 1999=20
compared to $36.2 million for the three months ended March=20
28, 1998. Children's Publishing revenues decreased $8.3 =20
million to $25.6 million for the three months March 27,=20
1999 compared to $33.9 million for the three months ending=20
March 28, 1998. This decrease was partially offset by the=20
$1 million improvement in Adult Publishing revenues for the=20
same time period (the Adult Publishing business was sold in=20
April 1999). The decline in Children's Publishing revenue=20
is mainly attributable to the Company's strategic focus on=20
changing the product mix towards more profitable=20
product.  Additionally, the Company experienced decreased=20
sales related to key license  products, reduced purchases=20
by certain mass retailers (mainly Target, Toys R  Us, and=20
Caldor) and an overall decrease in the bookclub business.=20
These decreases were partially offset by a price increase=20
on certain product lines in January 1999.

Entertainment revenues decreased $3.2 million (45.7%) to=20
$3.8 million for the three months ended March 27, 1999=20
compared to $7.0 million for the three months ended March=20
28, 1998. The decline is mainly attributable to: (i) a $2.2=20
million  decrease in television related revenues (as the=20
three months ended March 28, 1998 included significant=20
revenues for the USA broadcasting rights for Lassie  and=20
(ii) a $1.7 million decline in Home Video revenues=20
resulting from the  timing of the recognition of revenues=20
on the sale of Christmas Classic videos.  These declines=20
were partially offset by improved merchandising sales.

Commercial Products revenues decreased $1.3 million (39.4%)=20
to $2.0 million for the three months ended March 27, 1999=20
compared to $3.3 million for the three months ended March=20
28, 1999.  Gross Profit

Total gross profit increased $0.8 million (8.4%) to $10.3=20
million for the three months ended March 27, 1999, from=20
$9.5 million for the three months ended March 28, 1998. As=20
a percentage of revenues, total gross profit margin =20
increased to 29.6% for the three months ended March 27,=20
1999 from 20.4% for the three months ended March 28, 1998.=20
The increase was primarily attributable to improved gross=20
profit in the Consumer Products Segment, partially offset=20
by gross profit in the Entertainment Segment as more fully=20
described below.


GREATE BAY: Reports First Quarter Results
-----------------------------------------         =20
Greate Bay Casino Corporation (OTC Bulletin Board: GEAAQ)=20
reports a net loss of $2 million, or $.39 per share, for=20
the first quarter of 1999 compared to net income of $2.3 =20
million, or $.44 per share, for the first quarter of 1998. =20
Net revenues for the first quarter of 1999 amounted to $2.2=20
million compared to net revenues of $2.5 million for the=20
first quarter of 1998.

Net income reported for 1998 included $2.9 million=20
attributable to equity in the earnings of GB Holdings, Inc.=20
(Holdings) whose primary subsidiary, Greate Bay Hotel and=20
Casino, Inc. (GBHC), owns the Sands(R) Hotel & Casino in=20
Atlantic City, New Jersey and $1.2 million representing=20
management fees earned from the Sands.  Holdings and GBHC=20
filed for relief under Chapter 11 of the United =20
States Bankruptcy Code in January 1998.

As a result of an agreement entered into with Holdings and=20
GBHC on June 27, 1998 and approved by the Bankruptcy Court=20
on July 7, 1998, the Company no longer controls the=20
management and operation of the Sands and does not=20
expect  to have any ownership or operating control of=20
Holdings and GBHC after their reorganization under Chapter=20
11. Consequently, Greate Bay's investment in Holdings=20
together with certain amounts due from GBHC were=20
revalued to a zero  basis on July 1, 1998. Subsequent to=20
June 30, 1998, GBCC has accounted for its investment in=20
Holdings under the cost method of accounting.

The GBHC bankruptcy filing created a default and=20
acceleration of the 11 5/8%,  $85 million Senior Notes=20
issued by the Company's wholly-owned subsidiary, PRT =20
Funding Corp. ("PRT").  Greate Bay's subsidiary, Pratt=20
Casino Corporation  ("PCC"), guarantor of the Senior Notes,=20
and PRT have reached an agreement with substantially all of=20
the PRT noteholders for a restructuring of the Senior =20
Notes.  The successful completion of the restructuring is=20
subject to the approval of New Jersey gaming regulatory=20
authorities and the consummation of a  pre-negotiated plan=20
of reorganization by PCC and PRT.

After completion of the PCC/PRT restructuring, the=20
Company's remaining operations will consist primarily of=20
Advanced Casino Systems Corporation, a computer software=20
company which licenses casino information technology=20
systems to the Sands and to Hollywood Casino Corporation,=20
as well as to non-affiliated casino companies.


HOME PLACE: Disclosure Statement Wins Court Approval
----------------------------------------------------
HomePlace Stores Inc. won court approval of the disclosure=20
statement related to its plan of reorganization. The U.S.=20
Bankruptcy Court in Wilmington, Del., has scheduled the=20
confirmation hearing for June 3. The plan is premised on=20
the merger of HomePlace with Waccamaw Corp., which is=20
expected to close in early June. (The Daily Bankruptcy=20
Review and ABI Copyright c May 11, 1999)=20


HUNGARIAN TELEPHONE: Announces Revised Structure =20
------------------------------------------------
Hungarian Telephone and Cable Corp. (AMEX:HTC) announced=20
today that it has reached agreement with the following=20
parties to revise its capital structure: Postabank Rt., its=20
largest creditor; Citizens Utilities Company ) (NYSE: CZN)=20
and Tele Danmark A/S (NYSE:TLD), its largest shareholders;=20
and the Danish Investment Fund for Central and Eastern=20
Europe.

Postabank has purchased 2,428,572 shares, Citizens has=20
purchased 1,600, 000 shares, Tele Danmark has purchased=20
1,571,429 shares and the Danish Investment Fund for Central=20
and Eastern Europe has purchase 1,285,714 shares of=20
Hungarian Telephone's Common Stock for a total of $74.3=20
million. The proceeds from such funds plus a 10 year=20
unsecured note of $25 million will be used to pay off =20
Hungarian Telephone's Credit Facility with Postabank and=20
all HTCC's cash payment obligations to Citizens. The=20
remaining balance on the Postabank Credit Facility will be=20
paid off with a new $135 million Bridge Loan from=20
Postabank.

Commenting on the recapitalization, Ole Bertram, Hungarian=20
Telephone's Chief Executive Officer, said: "This=20
refinancing structure leaves Hungarian Telephone=20
in a really healthy financial position. We are now in a=20
position where we can aggressively implement our strategies=20
and continue developing our Company. I do hope that the=20
market recognizes what our large financial backers have =20
recognized, the value of an investment in Hungarian=20
Telephone's future."

Hungarian Telephone and Cable Corp. is a provider of=20
telephone, ISDN, Internet and other telecommunications=20
services in five defined operating regions of the=20
Republic of Hungary. The Company operates nearly 190,000=20
lines serving over 680,000 people through four Hungarian=20
subsidiaries which have been granted 25-year=20
telecommunications concessions by the Hungarian government.=20
These concessions are exclusive through 2002.


INTERACTIVE NETWORK INC.: Settles Debt to NBC
---------------------------------------------
The National Broadcasting Company, Inc. has received=20
1,902,279 shares of common stock in Interactive Network,=20
Inc., the San Jose, Ca. based cable and pay television=20
company.  The shares were issued in response to a=20
Settlement Agreement between the parties.  Under the=20
agreement Interactive Network Inc. agreed to file Chapter=20
11 bankruptcy proceedings, which commenced last September=20
14, 1998.  The Court confirmed Interactive's reorganization=20
plan on April 12, 1999.  Under the terms of the plan NBC,=20
and certain other creditors, would receive newly issued=20
shares of common stock.  In return NBC, and the others=20
(Tele-Communications, Inc. and it's holding company and=20
affiliates, together with Sprint and Motorola) pledged=20
to surrender all promissory notes in exchange for the=20
shares and to release all security interest in=20
Interactive's assets.  With the acquisition of the=20
settlement shares NBC is the "beneficial owner"=20
of 3,645,575 shares of common stock representing 9.4% of=20
the outstanding shares of common stock of Interactive=20
Network Inc.  NBC has announced it's intention to hold the=20
shares as an investment, in the ordinary course of=20
business, with no intention of attempting a change of=20
control of Interactive.


JINRO COORS: Coors Co. Bidding for Jinro=20
----------------------------------------                       =20
The Denver Post reports on May 8, 1999 that Coors Brewing=20
Co. and Belgium's Interbrew NV are among the companies=20
bidding for Jinro Coors Co., an insolvent South Korean=20
brewer that accounts for a sixth of the nation's $3=20
billion-a-year beer market.

In originally setting up Jinro Coors, the Colorado brewer=20
invested $22 million in the Korean beer venture in 1992 for=20
a 33 percent stake.

When Jinro Ltd., the Korean-based majority owner,=20
encountered financial difficulties, it filtered down to the=20
brewing venture. Those difficulties, in turn, led Coors=20
Brewing to dissolve its relationship with Jinro Coors in=20
late 1997.

Coors Brewing has tried to recoup some of its original=20
investment in the Korean brewer but has been largely=20
unsuccessful.

Despite its problems with Jinro Coors, Coors Brewing=20
believes it is the best company to take over the Korean=20
beer operation, said Jon Goldman, spokesman for the Golden=20
brewer.

"Obviously, we know the plant, since we brought technology=20
over to build it," Goldman said. "We feel we're in the best=20
position to operate Jinro Coors successfully in the=20
future."

Lotte Group of Korea also has bid for Jinro Coors, said Ko=20
Sung Ho, a spokesman for Lotte, a soft drink company. Jinro=20
Coors' debt amounted to 762 billion won ($635 million) at=20
the end of 1998, exceeding assets by 196 billion won.

Jinro Coors' creditors will choose an exclusive negotiator=20
by the middle of next month.

Coors, the No. 3 U.S. brewer, and Interbrew are eager to=20
forge an agreement with Jinro Coors as the country's=20
economy begins to rebound, prompting consumers to spend=20
more on everything from automobiles to food and beverages.

As the economy contracted last year, beer sales fell by a=20
record 17 percent through June. Now, foreign investment is=20
on the rise - it gained for a second month in April - and=20
the economy is expected to expand by 3.8 percent this =20
year. Bloomberg News and Denver Post business writer Jeff=20
Leib contributed to this report.


JUMBOSPORTS: Bondholders' Limited Objection To Settlement
---------------------------------------------------------
The Official Committee of 4.25% Subordinated Convertible=20
Debentures (the "Bondholders Committee") files a limited=20
objection to the debtor's motion for authority to enter=20
into a settlement agreement with GE Capital Business Asset=20
Financing ("GE").

The proposed terms of the settlement are summarized as=20
follows:

GE will have an allowed secured claim on certain personal=20
property located at 14 stores in an amount equal to=20
$301,000.

GE will have a general unsecured claim in an amount equal=20
tot he total amount of its claim less the amount of=20
$301,000.

Jumbo will make adequate protection payments to GE in the=20
sum of $500 per month.

GE will accept as plan treatment of its allowed secured=20
claim, a promissory note equal to the balance of its=20
allowed secured claim with interest at 8% per annum,=20
providing for a security interest in its current=20
collateral, equal monthly payments amortized over 18 months=20
from the effective date.

The Bondholders Committee objects to the plan treatment for=20
GE in the proposed settlement.  The Bondholders cannot=20
determine whether such plan treatment for GE is in the best=20
interest of the estate because the treatment is proposed in=20
a vacuum.  Also, the bondholders cannot ascertain whether=20
the proposed plan treatment accelerates or decelerates the=20
maturity of the note, whether the agreed treatment is in=20
the best interests of the estate and its creditors.  In=20
addition, the terms of the settlement appear to modify the=20
claims allowance procedures by requiring GE to file its=20
proof of claim for an unsecured claim within 30 days from=20
the entry of an order approving the settlement and any=20
objections thereto within 60 days thereafter.


LONG JOHN: Seeks Extension of Exclusivity
-----------------------------------------
The debtors, Long John Silver's Restaurants, Inc., et al.=20
seek an extension of exclusive periods in which to file a=20
plan of reorganization and solicit acceptances thereto.
The debtors seek an extension of the periods during which=20
only the debtor may file a plan and solicit acceptances=20
thereof to and including June 30, 1999 and August 31, 1999=20
respectively.  A hearing to consider the motion will be=20
held on May 19, 1999.

The debtors recently entered into a Stock Purchase=20
Agreement with GRG Inc. pursuant to which GRG is to acquire=20
100% of the outstanding shares of the debtors.  The debtors=20
have been working diligently of file a plan and disclosure=20
statement prior to June 30, 1999 as required by the=20
purchaser.  Extending the exclusive periods will enable the=20
debtors to complete the drafting of a plan and disclosure=20
statement and to confirm such a plan in a stable=20
environment.

The debtors have been selling excess real property, and=20
expect the sale of certain properties to generate at least=20
$10 million of the debtors estates.  The debtors have=20
reviewed and reconciled many of the 2,767 claims it has=20
received. This effort has not been completed, and the=20
additional time for exclusivity will afford the debtors=20
enough time to complete the process. The debtors obtained=20
approval of a global reclamation claim program, and the=20
debtors have expended considerable efforts analyzing=20
numerous complex tax issues.  The debtors' primary goal has=20
been the development and implementation of a reorganization=20
strategy.  And the debtor seeks this extension to complete=20
the drafting of a plan of reorganization and disclosure=20
statement and to confirm such plan.


MAXICARE: Reports First Quarter 1999 Results
--------------------------------------------                  =20
Maxicare Health Plans, Inc. (NASDAQ/NM:MAXI) reported first=20
quarter financial results for the three months ended March=20
31, 1999. Maxicare announced that the Company's premium=20
revenues for its core operations increased by $18 million=20
or 11.5% as a result of premium rate increases in all lines=20
of business, and enrollment growth in the Medicaid and=20
Medicare lines of business primarily generated by the=20
California and Indiana health plans.

Last year, Maxicare implemented a strategic restructuring=20
program to exit unprofitable markets by asset sales or plan=20
closings and concentrate on its health care businesses in=20
California, Indiana and Louisiana. These three states have=20
generated virtually all of Maxicare's membership growth in=20
recent years.=20

Premium revenues for the first quarter of 1999 decreased by=20
$5.5 million to $174.0 million, a decrease of 3.1% as=20
compared to 1998. This decrease was a result of a $23.3=20
million decrease in premium revenues related to the=20
Company's non-core operations which have been divested as=20
of March 31, 1999, except for the North Carolina Medicaid=20
line of business, which is anticipated to continue =20
through mid 1999.

The Company reported a net loss of $7.7 million or $.43 per=20
share for the first quarter of 1999, which included an $8.5=20
million charge for loss contracts and management settlement=20
costs and $4.1 million of other income as compared to a =20
net loss of $2.7 million or $.15 per share for the=20
comparable quarter a year ago.=20

In the first quarter of 1999, the Company incurred charges=20
of $3.0 million for loss contracts associated with=20
Maxicare's previously announced decision to exit its=20
healthcare operations in North and South Carolina and a=20
$5.5 million charge for management settlement costs. The=20
$5.5 million charge related to a settlement with the=20
Company's Chief Executive Officer, Peter J. Ratican=20
pursuant to which Mr. Ratican has agreed to retire as=20
President and CEO of the Company and agreed not to seek re-
election to the Board of Directors.

Ratican agreed to remain in his position as Chairman,=20
President and CEO until June 30, 1999. In addition, Elwood=20
I. Kleaver, Jr., a member of the Company's Board of=20
Directors agreed to become Interim Chief Operating Officer=20
to assist during the period of transition.

Commercial premiums for the first quarter of 1999 decreased=20
$17.1 million to $101.9 million as compared to $119.0=20
million for 1998.=20

Medicaid premiums for the first quarter of 1999 increased=20
$4.2 million to $52.5 million as compared to $48.3 million=20
for 1998.=20

Medicare premiums for the first quarter of 1999 increased=20
$7.3 million to $19.6 million as compared to 1998 as a=20
result of premium rate increases and membership growth in=20
both the California and Indiana health plans.=20

Investment income for the first quarter of 1999 decreased=20
by $.6 million to $.9 million as compared to 1998 due to=20
lower cash and investment balances as well as lower=20
investment yields.

Other Income includes the recognition of $4.1 million=20
related to a settlement reached by the Company in=20
connection with the operation of a Medicaid managed =20
care program from 1986 through 1989. On March 26, 1999, the=20
United States Bankruptcy Court approved the settlement and=20
the order became final on April 19, 1999. Pursuant to the=20
settlement agreement the Company received the settlement=20
funds in early May 1999.

Health care expenses for the first quarter of 1999 were=20
$163.1 million as compared to $169.1 million for 1998.=20
Marketing, general and administrative ("M,G&A") expenses=20
for the first quarter of 1999 decreased $.4 million to=20
$15.0 million as compared to $15.4 million for 1998.=20

Maxicare is a managed health care company with operations=20
in California, Indiana, and Louisiana which currently have=20
approximately 479,000 members. The Company also offers=20
various employee benefit packages through its subsidiaries =20
Maxicare Life and Health Insurance Company and=20
HealthAmerica Corporation.


MEDPARTNERS: Pacific Physicians Offers Acquisition
--------------------------------------------------
Pacific Physicians Alliance Medical Group Inc. (Pacific=20
Physicians) announced that it has made an offer to Paladin=20
Investment Banking to buy out certain equity positions of =20
MedManagement Acquisitions Corp. (MAC) coincident to its=20
venture capital financing and repurchase of assets from=20
MedPartners Inc. (NYSE:MDM).

Pacific Physicians aims first to acquire the shares held by=20
MAC founders and Paladin, leaving the doctors and venture=20
fund as sole shareholders, and to then buy out the venture=20
fund with the proceeds from the sale of the company's real=20
estate, ultimately leaving the doctors as majority=20
shareholders and keeping the Paladin-selected management=20
team in place.

Currently, MAC is positioned to acquire MedPartners Inc.'s=20
medical practice assets and, under its plan, the doctors=20
would only have a minority interest in the business.

Pacific Physicians was formed April 13 by doctors, who are=20
and continue to be part of Southern California Medical=20
Corporation, for the primary purpose of enabling them to=20
buy back their medical practices from MedPartners. The=20
group is open to expansion of its membership and hopes to=20
include all physicians currently employed by MedPartners.

On March 11, MedPartners' California subsidiary,=20
MedPartners Provider Network, was placed into Chapter 11=20
bankruptcy by the California Department of Corporations,=20
and settlement with the State is expected in mid-May.

Pacific Physicians' doctors presently work at 22 sites=20
located throughout Los Angeles County, Orange County, and=20
the Inland Empire. For more information about Pacific=20
Physicians, contact them via their operational consultants, =20
Maryann Ricardo, The Ricardo Group Inc. at 310/515-7999 or=20
by e-mail at TRGHealth@aol.com.


MESA AIR: Merger Vote June 8, 1999
-----------------------------------
Mesa Air and CCAIR are proposing a merger in which CCAIR=20
will become a wholly owned subsidiary of Mesa Air.  The=20
stockholder meetings of both companies will be held=20
separately on June 8, 1999.  Mesa Air and its subsidiaries=20
is an independently owned regional airline serving 108=20
cities in 28 states, the District of Columbia, Toronto,=20
Canada, and Guaymas and Hermasillo, Mexico.  The airline=20
operates a fleet of 112 aircraft and has approximately=20
1,000 daily departures.  Mesa Air's airline operations are=20
conducted by two regional airlines, Mesa Airlines, Inc., a=20
wholly owned subsidiary of Mesa Air, operating as America=20
West Express, and as US Airways Express, both in conjuction=20
with American West Airlines, Inc. and US Airways, Inc. =20
Mesa Airlines, Inc. also operates an independent=20
division, Mesa Airlines, from a hub in Albuquerque, New=20
Mexico.  Additionally, Air Midwest, Inc., a wholly owned=20
subsidiary of Mesa Air, operates under arrangement with US=20
Airways and flies as US Airways Express.

CCAIR is a regional air carrier based in Charlotte, NC and=20
operates regularly scheduled passenger service to 25 cities=20
in Florida, Georgia, Kentucky, Ohio, North Carolina, South=20
Carolina, Virginia and West Virginia. The airline currently=20
has 1,463 departures weekly with a fleet of 26=20
turboprop aircraft. If approved the merger agreement calls=20
for CCAIR stockholders to receive betwwen .435 and .6214 of=20
Mesa Air's common stock for each share of CCAIR common=20
stock held.  The maximum number of shares of Mesa Air=20
Group, Inc. to be issued to CCAIR stockholders would be=20
5,571,283.  This figure represents approximately 16.4% of=20
Mesa Air's outstanding common stock after the merger.  For=20
holders of Mesa Air stock their shares will remain=20
unchanged by the merger.


NU-KOTE: Seeks Approval of Key Employee Retention=20
-------------------------------------------------
The debtors, Nu-Kote Holding, Inc. and its affiliates seek=20
court approval of key employee retention agreements.  The=20
agreements provide incentive for seven key employees.. The=20
company reviews the contributions fo this seven person=20
senior maagement team.  The debtors are concerned that=20
there be an incentive to stay particularly sicne the court=20
denied the extension for exclusivity and the lenders served=20
a notice of cliam accusing officers and directors of=20
breaches of fiduciary duty, good faith and corporate waste=20
and management.  The total cost of the proposed retention=20
payments is $737,500.


PITTSBURGH PENGUINS: Penguins Not Dead Yet                             =20
------------------------------------------
Interactive Sports reports on May 10, 1999 that the=20
National Hockey League's threat this week to fold the =20
Pittsburgh Penguins finally got the attention of=20
United  States Bankruptcy Court Judge Bernard Markovitz.=20
The Judge, bending to a league decree that the team was=20
toast by the last day of May 1999 if Bankruptcy Court did=20
not resolve the matter, scheduled an emergency hearing for=20
Tuesday to see if a reorganization plan centered by retired=20
superstar Mario Lemieux could both save the financially=20
dysfunctional franchise and keep it in the Steel City.

Other than Lemieux, the only other potential buyer is=20
Broadcast.com founder Mark Cuban.  Judge Markovitz will=20
scrutinize the league's filing and has the option of =20
dispatching it for a vote by creditors,  according to a=20
Penguin's lawyer. The Judge could also ask for a vote on=20
the Lemieux workout plan.

Markovitz scheduled the hearing Tuesday in large part to=20
accommodate the NHL. League officials said they could not=20
wait until the next hearing date, June 24, 1999, to=20
determine the fate of the faltering franchise.=20

The financial picture for the Pens remains grim as ever.=20
The franchise is estimated to be worth some $125 million,=20
but outstanding debts, secured and unsecured, come to more=20
than that amount (ISWire Hockey News: May 6, 1999). The=20
team is estimating it will lose $10 million this year=20
alone, even though the team has advanced to the Eastern=20
Conference Semifinals now underway against the Toronto=20
Maple Leafs.

The Penguins can't operate in Pittsburgh next year unless=20
the Bankruptcy Court accepts Lemieux's plan,  said an NHL=20
official this week.  There is no money there to operate it.

Even if Lemieux gets the green light in Bankruptcy Court,=20
he still has to re-negotiate an expensive and life-
threatening lease with Spectacor Management Group Inc. The=20
lease there for the Pens costs $7 million each year.


PLASTIC TRIM: Plan and Disclosure Statement
-------------------------------------------
The debtor, Plastic Trim, Inc. submits a Combined Plan of=20
Reorganization and Disclosure Statement.  The effectiveness=20
of the plan is contingent upon the closing of the=20
transaction between Newco and JPE (the parent company of=20
Plastic Trim).  Newco shall purchase and acquire certain of=20
the common shares and preferred shares of the capital stock=20
of JPE; Newco shall make certain loans to JPE or arrange=20
for loans to be made to JPE and/or the debtor; JPE shall=20
pay, or loan or otherwise distribute tot he debtor, any and=20
all amounts sufficient to enable the debtor to consummate=20
this plan, and a similar plan of reorganization of=20
Starboard; and JPE shall consummate the sale of Industrial=20
an Automotive Fasteners, Inc., which is a wholly-owned=20
subsidiary of JPE.

Classification and Treatment of Claims and Interests:

Class 1 - Allowed Secured Claim of Comerica Bank for itself=20
and as agent bank for NBD Bank, National Bank of Canada,=20
Harris Trust and Savings Bank and Bank One, Dayton, NA=20
(Prepetition lenders). The allowed secured claim of the=20
pre-petition lenders shall be paid an satisfied on the=20
Effective Date at a discount.  The amount of the discount=20
shall be not less than $12 million, nor more than $14.5=20
million, of the allowed claim of the pre-petition lenders,=20
which discounted amount shall constitute the settlement=20
amount. AS of February 3, 1999, exclusive of certain fees=20
and interest the debtor's total indebtedness to the pre-
petition lenders was $85,689,624. The Allowed Secured Claim=20
of the pre-petition lenders is impaired.

Class 2 - Allowed Secured Claims of Other Secured Creditors=20
- Each of the other secured creditors is unimpaired and the=20
allowed secured claim of each of the other secured=20
creditors shall be assumed pursuant to its terms, with any=20
existing default to be promptly cured.

Class 3 - Allowed Unsecured Claims - Unsecured Creditors of=20
the debtor holding allowed claims shall be paid a cash=20
distribution equal to 30% of their respective allowed=20
claims.  Holders of allowed unsecured claims are impaired.

Class 4 - Interest.  The interest of the equity security=20
holder shall not receive any distribution under the plan.


SOLO SERVE: Seeks To Terminate Registration of Securities
---------------------------------------------------------
The debtor, Solo Serve Corporation, seeks to terminate=20
registration of its securities. Solo Serve has less than=20
300 holders of shares of its common stock (par value $.01),=20
and creditors would benefit from having the stock de-listed=20
as it would save significant funds of the estate necessary=20
in the preparation of reports with the SEC.


STARBOARD INDUSTRIES: Plan and Disclosure Statement
---------------------------------------------------
The debtor, Starboard Industries, Inc. submits a Combined=20
Plan of Reorganization and Disclosure Statement.  The=20
effectiveness of the plan is contingent upon the closing of=20
the transaction between Newco and JPE (the parent company=20
of Plastic Trim).  Newco shall purchase and acquire certain=20
of the common shares and preferred shares of the capital=20
stock of JPE; Newco shall make certain loans to JPE or=20
arrange for loans to be made to JPE and/or the debtor; JPE=20
shall pay, or loan or otherwise distribute to the debtor,=20
any and all amounts sufficient to enable the debtor to=20
consummate this plan, and a similar plan of reorganization=20
of Plastic Trim; and JPE shall consummate the sale of=20
Industrial and Automotive Fasteners, Inc., which is a=20
wholly-owned subsidiary of JPE.

Classification and Treatment of Claims and Interests:

Class 1 - Allowed Secured Claim of Comerica Bank for itself=20
and as agent bank for NBD Bank, National Bank of Canada,=20
Harris Trust and Savings Bank and Bank One, Dayton, NA=20
(Prepetition lenders). The allowed secured claim of the=20
pre-petition lenders shall be paid an satisfied on the=20
Effective Date at a discount.  The amount of the discount=20
shall be not less than $12 million, nor more than $14.5=20
million, of the allowed claim of the pre-petition lenders,=20
which discounted amount shall constitute the settlement=20
amount. AS of February 3, 1999, exclusive of certain fees=20
and interest the debtor's total indebtedness to the pre-
petition lenders was $85,689,624. The Allowed Secured Claim=20
of the pre-petition lenders is impaired.

Class 2 - Allowed Secured Claims of Other Secured Creditors=20
- Each of the other secured creditors is unimpaired and the=20
allowed secured claim of each of the other secured=20
creditors shall be assumed pursuant to its terms, with any=20
existing default to be promptly cured.

Class 3 - Allowed Unsecured Claims - Unsecured Creditors of=20
the debtor holding allowed claims shall be paid a cash=20
distribution equal to 30% of their respective allowed=20
claims.  Holders of allowed unsecured claims are impaired.

Class 4 - Interest.  The interest of the equity security=20
holder shall not receive any distribution under the plan.


THORN APPLE: Objects To Ford's Motion to Compel Assumption
----------------------------------------------------------
The debtors, Thorn Apple Valley, Inc., et al., object to=20
the Ford Motor Credit Corporation's motion to compel=20
assumption or rejection of unexpired personal property=20
leases.  The leases involved cover 87 cars and trucks.  The=20
debtors state that it is too early to compel such a=20
decision, and that FMCC has identified no prejudice to it=20
by waiting until confirmation of a plan.  The debtors state=20
that an ill-informed decision now could either subject the=20
estate to an administrative expense claim of almost $2=20
million plus a cure payment of $164,000 or deprive the=20
debtor of the use of property that is important to its=20
reorganization efforts.


UDC HOMES: Jury Rules In Favor of Arthur Andersen
-------------------------------------------------                    =20
Arthur Andersen LLP was vindicated yesterday with a jury=20
verdict delivered by a Maricopa County (Arizona) jury=20
following a six-month trial of a securities fraud class=20
action lawsuit.  The lawsuit was filed in 1995 on behalf of=20
stockholders of UDC Homes Inc., a nationally recognized=20
homebuilder based in Phoenix, Arizona.

"We are grateful the jury ruled that Arthur Andersen acted=20
properly. We stood by our client's financial reporting and=20
our audit services from the beginning and our resolve has=20
been recognized and rewarded," said Jack Henry, the Arthur =20
Andersen Managing Partner in Phoenix, Arizona. The class=20
action claimed general damages of approximately $95 million=20
and punitive damages in excess of $1 billion.  The jury=20
delivered a resounding defeat to the class action=20
plaintiffs and their lawyers in finding for Arthur Andersen=20
on all counts.

"We are proud of the service we provide all our clients=20
including UDC Homes. We always stand behind what we do and,=20
in this particular case, we vigorously defended the UDC=20
Homes financial statements and our audit work," said Henry, =20
also Chairman of the Arizona Chamber of Commerce.

UDC Homes Inc. was a leading national homebuilder with=20
aggregate profits in excess of $190 million in the years=20
prior to the 1989-1990 recession.  The company had a highly=20
leveraged capital structure.  In 1994, with sharply =20
increasing interest rates, its stock plummeted from $10 to=20
one dollar per share.  In May 1995, the company voluntarily=20
filed for bankruptcy as part of a plan to sell the company=20
to DMB Homes of Phoenix, Arizona.  The class action =20
litigation was filed immediately after the company filed=20
bankruptcy.  The previous auditor, Coopers & Lybrand, and=20
the UDC Homes Board of Directors were  also named.

Arthur Andersen's lead trial counsel, Marshall B. Grossman=20
of the Los Angeles law firm of Alshuler, Grossman, Stein &=20
Kahan, stated, "This lawsuit is an example of what is wrong=20
with the unchecked class action litigation which is =20
taxing our courts today.  The lawsuit was filed by a=20
professional class action plaintiff, with career class=20
action lawyers and their paid experts. Fortunately, the=20
jury saw through it all. Hopefully, this vote against =20
frivolous class action litigation will discourage others=20
from embarking on a similar path." =20


VALU FOOD: Delays Exit from Chapter 11
--------------------------------------
Baltimore-based Valu Food Inc. was expected to emerge from=20
bankruptcy by now, but President Louis Denrich has pushed=20
the timetable back by at least three months, The Baltimore
Business Journal reported. Value Food, a 10-store chain of=20
supermarkets, filed chapter 11 in November with assets and=20
liabilities of between $10 and $99 million each. Just=20
before the bankruptcy filing, the company closed seven=20
stores. Valu Food owes $3.5 million to its 20 largest=20
creditors but has not yet filed a plan with the court.=20
Denrich said last week at a grocery store equipment trade=20
show that the company is "doing much better" and that it=20
will submit a plan "shortly-hopefully by the end of summer=20
or early fall." (ABI 11-May-99)


WESTMORELAND COAL CO.: Stockholder Revolt?
------------------------------------------
Members of the Westmoreland Committee to Enhance Share=20
Value have mounted a campaign to urge shareholders in=20
Westmoreland Coal Co. to oust the current management.  With=20
a website established to disseminate their message the=20
committee has only until June 12, 1999 to secure sufficient=20
shareholder votes to remove present CEO, President and=20
Chairman of the Board Chris Seglem.  Citing the most recent=20
two-year bankruptcy as the second of two bankruptcies filed=20
by the company during the six years of Mr. Seglem's=20
term, and claiming other irresponsible acts on the part of=20
management, the committee is soliciting support to remove=20
targeted members of the Board.


WESTMORELAND COAL: ISS Recommends A Vote
----------------------------------------
Westmoreland Coal Company (Amex: WLB) reported today that=20
Institutional Shareholder Services ("ISS"), the country's=20
leading independent provider of proxy voting and corporate=20
governance  services, has recommended that Westmoreland=20
shareholders support management's  slate of director=20
nominees at the Company's special meeting to be held on May =20
12, 1999.=20

According to Westmoreland, ISS believes "the dissident plan=20
to sell the IPPs carries a high degree of risk," that=20
"there is a significant degree of uncertainty over how much=20
consideration the (UMWA Retiree Health & Benefit) Funds=20
would demand in return", and that "the Funds are likely to=20
be guarded in their negotiations with the dissident group=20
based on the attempt to liquidate the Company in =20
bankruptcy".  According to ISS, these factors raise serious=20
uncertainty about residual amounts shareholders might=20
receive under the dissident plan.

Westmoreland reported that in supporting management's slate=20
of directors, ISS concluded that management negotiations in=20
bankruptcy avoided liquidation and provided the opportunity=20
to restructure the Company.=20

                   *********

The Meetings, Conferences and Seminars column appears in=20
the TCR each Tuesday.  Submissions via e-mail to=20
conferences@bankrupt.com are encouraged.  Bond pricing,=20
appearing in each Friday edition of the TCR,=20
is provided 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    =20
Troubled Company Reporter is a daily newsletter, co-
published by Bankruptcy Creditors' Service, Inc.,=20
Princeton, NJ, and Beard Group, Inc., Washington, DC. =20
Debra Brennan and Lexy Mueller, Editors. Copyright 1999. =20
All rights reserved.  ISSN 1520-9474. =20

This material is copyrighted and any commercial use, resale=20
or publication in any form (including e-mail forwarding,=20
electronic re-mailing and photocopying) is strictly=20
prohibited without prior written permission of the=20
publishers.  =20

Information contained herein is obtained from sources=20
believed to be reliable, but is not guaranteed.  =20
=20
The TCR subscription rate is $575 for six months delivered=20
via e-mail. Additional e-mail subscriptions for members of=20
the same firm for the term of the initial subscription or=20
balance thereof are $25 each.  For subscription=20
information, contact Christopher Beard at 301/951-6400. =20
      =20
          * * *  End of Transmission  * * *