John Pitera's Market Laboratory Message Board

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Strategies & Market Trends : John Pitera's Market Laboratory

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To: John Pitera who wrote (5877)	3/21/2002 6:28:12 PM
From: Perry Ganz	Read Replies (1) of 33421

Hi John I'd bet that PIMCO did buy some of the first tranche of GE bonds and those bonds are now under water it sounds, partly due to the massive following shelf offering of 50 Billion dollars of debt and capital offerings. But I feel that Gross made a number of very valid points. This AM in a session on CNBC they were trashing Gross and Pimco, Joe Kernan said the exact same thing but I see by the time stamp on your post, you were about 8 hours ahead of him hmmmmmm Thanks for your insight Perry

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