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UpstateChris

02/10/11 3:00 PM

#423 RE: Seminole Red #422

Yes, but unless I am mistaken that represent about 10% of their stores. That is a large number, but not earth shattering. If they can restructure debt to publishers/landlords and complete the GE loan they will have a strong chance at a short term recovery. The bigger question is if they can bring in long term investors. Without their own ebook reader/platform they are at a disadvantage. This could go either way.