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Non-Tech : Convertible Bonds
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To: Rocky9 who wrote (46)11/30/2002 12:17:06 PM
From: David Lawrence   of 83
 
Thanks. 14% seems more reasonable. I have to believe that many of these companies that used their precious cash to buy back debt are a prime motivator of the recent tech rally.

SFE just parted with a chunk of cash for an acquisition, which may explain why they haven't repurchased any of their debt.
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