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Technology Stocks : NEXTEL
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To: JF Quinnelly who wrote (9799)1/16/2002 4:49:28 PM
From: Dale Baker  Read Replies (1) of 10227
 
Anyone here have experience owning bonds in a company that is bought by a bigger fish? The NXTL 2007 bonds are trading around 81, callable in September at 105. Just wondering if bonds typically move up due to the higher credit rating of the acquirer, or simply trade on like nothing happened until the call date.

Thoughts welcome.
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