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Technology Stocks : Winstar Comm. (WCII)

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To: Paul Smith who wrote (12404)4/9/2001 5:17:39 PM
From: DavesM   of 12468
 
I read that Winstar debt has fallen so much that the 12 3/4% notes are selling for less than a single coupon payment. Can the company buy back that debt at the market, and retire it for less than a single payment? Is this possible?
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