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Politics : Ask Michael Burke
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To: Knighty Tin who wrote (67690)9/15/1999 8:10:00 AM
From: AurumRabosa  Read Replies (1) of 132070
 
The yen hit 103.25 overnight, don't you think they're already starting to "vote with their feet?" Do you see long rates getting over 6.5%?

Have you taken a look at puts on such high flying telecosmic stocks as Nextlink (NXLK)? Craig McCaw is so free with other people's money that he's willing to shell out over $60 million a quarter to service his 12.2% trash bonds while spending the rest like a drunken sailor. The cash flow situation for this company is so poor I think their only hope is to be bought out by Pa Bell.
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