Jessops in big trouble

[Mark]

http://uk.biz.yahoo.com/28032007/214...t-warning.html

"The board anticipates that there will be a seasonal working capital uplift requirement in the autumn in excess of available banking facilities and the board will explore all options to address this," it said.

Translation:

We don't think we'll have enough money to buy stock for Christmas

Given their somewhat less-than-competitive prices, I can't say I'm surprised.

Wonder if they'll treat the Concorde pic I took 30 years ago and they lost as an asset. :/