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Technology Stocks : Charter Communications (CHTR)
CHTR 204.70-0.2%3:59 PM EST

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To: Sarkie who wrote (710)11/20/1999 6:03:00 PM
From: William   of 2437
 
<<"One exception: If a company has debt already trading, no quiet period exists."

What exactly does this mean?

~Sarkie>>

Debt is bonds. If UPS had issued bonds in the past, then they don't have the quiet period. A bond is a financial instrument whereby a company borrows money and pays in back over some period of time with interest. Now, UPS has all those big airplanes that don't come cheap. It would be a good guess that UPS may have issued bonds in the past to do things like buy all those airplanes from Boeing.

William #87
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