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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: chaz who wrote (35116)11/21/2000 8:56:24 AM
From: limtex  Read Replies (1) of 54805
 
chaz - Trouble in Corporate Bonds-

1.most corporate borrowing is not done by GG-type companies, who frequently have zero debt Yes but customers of these companies do use corporate debt. Indeed if we are in the telecom sector most of the buildout growth of the last couple of years has been funded with corporate debt.

2. My most recent knowldege came from the New York Sunday Times article this weekend. If you think I am gloomy take a look at that article.

Best regards,

L
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