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Re: Garyedward71 post# 8627

Saturday, 09/23/2023 5:20:41 AM

Saturday, September 23, 2023 5:20:41 AM

Post# of 9841
Hard to compare the two, really. GTAT's demise came more suddenly than BBBY. GTAT badly managed their business strategy by putting too many eggs in one basket, while BBBY badly managed their capital structure. How close was GTAT to surviving after the bad Apple deal? Anyway, the end results were about the same. Shareholders got nothing, even bondholders got badly stiffed. Not even close to any recovery. And neither bankruptcy had to happen, with better management. Kind of a shame, I guess. But then again its just business, after all.
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