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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: LLCF who wrote (33989)11/6/2000 9:59:58 AM
From: Alias Shrugged  Read Replies (2) of 436258
 
<<Mark haynes says: "With the bonds of some of these companies paying 14%, why bother with stocks?"

Cramer: "Because I'm making 2X that"!>>

Haynes missed the point (a rather big point) that the chart showing skyrocketing junk bond yields means the PRICES of your bonds are getting kicked in the nutz. And nothing guaranteeing that those yields could not become even more impressive!

Refresh my memory, please. What is the purpose of CNBC??
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