Pump's daily trading recs, emphasis on short selling Message Board

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Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling

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To: Michail Shadkin who wrote (4436)	7/22/2001 12:35:08 PM
From: xaver17	Read Replies (1) of 6873

NLI got extra cash in May They did a $ 1 billion 6.75% convertible at $ 32.728 due 2008. biz.yahoo.com So cash will last a bit longer, but it will be no help because interest payments will be higher. Please don't laugh if you read in the PR that the notes could be bought by "qualified institutional buyers" only. NLI said it will cross the water line end of 2003. But everyone else is guessing what the next few quarters will be about. Xaver

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