Anthony @ Equity Investigations, Dear Anthony, Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: JHP who wrote (65144)	12/27/2000 3:21:16 PM
From: donjuan_demarco	Read Replies (1) of 122087

FMO --- If you look up BOST and other bankrupted companies, you will see that most of them hired hotshot turnaround experts prior to filing chapter 11. Since I can't get a position in FMO, it doesn't matter to me what happens, but you have to consider that the public debt is offering a current yield, if I remember correctly, of 30% - 40%, and a yield to maturity as high as 70%. Compare this to AMZN debt, which if I remember correctly offers a yield to maturity under 20%. The pricing of the FMO debt says it will file chapter 11, what the CEO says makes no difference.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next