Many people still remember when Whitney went bankrupt in the late 70's
(?). Everyone that had an order pending became an "unsecured creditor."
That basically meant they were screwed, that their money would be used to
pay "secured creditors" and they would receive neither a refund nor the
ordered parts. There was some speculation that Whitney was deliberately
delaying shipping orders so as to increase these funds before the
bankruptcy.
Character counts.
David Littlefield
Houston, TX
On Fri, 21 Feb 1997 16:43:23 -0500 pwmay@shore.intercom.net (Philip W.
May) writes:
>I heard many years ago that the reason people have problems with J.C.
>Whitney is that they don't really stock all the stuff in the catalog.
>They
>act as go-between and have things shipped direct from manufacturer or
>distributor. Don't know if this is true or not, but do know many
>people
>who've had problems with them. Phil May
>
>
>
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