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                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

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                                 SCHEDULE 14D-9

                      Solicitation/Recommendation Statement
                         Pursuant to Section 14(d)(4) of
                       the Securities Exchange Act of 1934
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                          PULASKI FURNITURE CORPORATION
                            (Name of Subject Company)

                          PULASKI FURNITURE CORPORATION
                        (Name of Person Filing Statement)

                                  COMMON STOCK
                         (Title of Class of Securities)

                                    745553107
                      (CUSIP Number of Class of Securities)

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                                 Harry H. Warner
                              Chairman of the Board
                          Pulaski Furniture Corporation
                                  P.O. Box 1371
                                1 Pulaski Square
                             Pulaski, Virginia 24301
                                 (540) 980-7330
           (Name, address and telephone number of person authorized to
                 receive notices and communications on behalf of
                          the person filing statement)

                                 With a copy to:

                          C. Porter Vaughan, III, Esq.
                                Hunton & Williams
                              951 East Byrd Street
                          Riverfront Plaza, East Tower
                          Richmond, Virginia 23219-4074
                                 (804) 788-8200

[X] Check the box if the filing  relates  solely to  preliminary  communications
made before the announcement of a tender offer.*

*This  Schedule  14d-9  relates  to the offer by Pine  Holdings,  Inc.  and Pine
Acquisition Corp.

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PULASKI FURNITURE CORPORATION AGREES TO MANAGEMENT ACQUISITION


         PULASKI,  VIRGINIA  - March 29,  2000 - Pulaski  Furniture  Corporation
(NASDAQ: PLFC), a leading manufacturer and importer of medium-priced residential
furniture,  announced  today that it has entered into an  Agreement  and Plan of
Merger under which an investment  group formed by Pulaski's  President and Chief
Executive  Officer,  John G. Wampler,  and the Company's senior management team,
with  support from an affiliate  of Quad-C  Management,  Inc., a Virginia  based
private  equity fund,  will acquire all of the  outstanding  common stock of the
Company for a cash price of $22.50 per share.  The total  consideration  for the
transaction,  including assumption of debt, is approximately $125 million. Under
the agreement,  which has been  unanimously  approved by the Company's  Board of
Directors,  the group will commence a tender offer for the outstanding shares of
the Company's common stock within seven business days. The group's obligation to
purchase  shares under the  agreement  will be subject to the group's  receiving
more than two-thirds of the outstanding  shares of the Company's common stock in
the tender offer, as well as other customary  conditions.  Upon  consummation of
the tender offer, the group would acquire any remaining  outstanding shares in a
merger at $22.50 per share in cash.

         The Board of  Directors  of the Company  concluded  that the  agreement
price, which represents a 34% premium over today's closing price, is in the best
interests of the Company shareholders.  Harry H. Warner,  Chairman of the Board,
said  "In the  Board's  view,  this  transaction  is an  excellent  way to bring
significant value to our shareholders."

         Speaking for the acquiring  group,  Wampler said "a transaction  led by
management, and supported by a financial partner with the capital to fund future
growth and expansion, is the best way to assure our employees and customers that
Pulaski Furniture  Corporation will continue to be an industry leader poised for
the future and a solid corporate citizen in our communities."

         The  transaction  is  subject to typical  regulatory  approvals  and is
expected  to  close  in the  second  quarter  of 2000.  The  management  group's
financial advisor is Mann,  Armistead & Epperson,  Ltd. The Company's  financial
advisor is BB&T Capital Markets, a division of Scott & Stringfellow.

         This release contains certain  forward-looking  statements  relating to
the consummation of future transactions.  The consummation of these transactions
is subject to a number of significant conditions.

         THIS ANNOUNCEMENT IS NEITHER AN OFFER TO PURCHASE NOR A SOLICITATION OF
AN OFFER TO SELL SHARES OF THE COMPANY. AT THE TIME THE OFFER IS COMMENCED,  THE
ACQUIRING  ENTITY WILL FILE A TENDER OFFER STATEMENT AND THE COMPANY WILL FILE A
SOLICITATION/  RECOMMENDATION  STATEMENT  WITH THE U.S.  SECURITIES AND EXCHANGE
COMMISSION WITH RESPECT TO THE OFFER.  THE TENDER OFFER STATEMENT  (INCLUDING AN
OFFER TO PURCHASE,  A RELATED LETTER OF TRANSMITTAL  AND OTHER OFFER  DOCUMENTS)
AND THE SOLICITATION/RECOMMENDATION STATEMENT WILL CONTAIN IMPORTANT INFORMATION
WHICH SHOULD BE READ  CAREFULLY  BEFORE ANY DECISION IS MADE WITH RESPECT TO THE
OFFER.  THE OFFER TO PURCHASE,  THE RELATED  LETTER OF  TRANSMITTAL  AND CERTAIN
OTHER OFFER  DOCUMENTS,  AS WELL AS THE  SOLICITATION/RECOMMENDATION  STATEMENT,
WILL BE MADE  AVAILABLE TO ALL  SHAREHOLDERS  OF THE  COMPANY,  AT NO EXPENSE TO
THEM. THE TENDER OFFER STATEMENT  (INCLUDING THE OFFER TO PURCHASE,  THE RELATED
LETTER OF TRANSMITTAL  AND ALL OTHER OFFER  DOCUMENTS FILED WITH THE COMMISSION)
AND THE  SOLICITATION/RECOMMENDATION  STATEMENT  WILL  ALSO BE  AVAILABLE  AT NO
CHARGE AT THE COMMISSION'S WEBSITE AT WWW.SEC.GOV.