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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (11257)11/24/2001 1:08:16 AM
From: Raymond Duray  Read Replies (1) of 74559
 
Jay,

Sorry if I'm interfering in a private dialogue with CB, but I found myself absolutely enthralled (abject flattery alert!) with your views, which I find to be very sympatico with my own, until you mentioned that you've recently acquired Global Crossing bonds. That one floored me. Why? What is the attraction there? I've got some reasons I could elaborate on why I believe that isn't a particularly good sector or company, but I'd like to get the positive side first, if you care to indulge me.

TIA for any reply.

Best, Ray
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