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Strategies & Market Trends : 50% Gains Investing

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To: Dale Baker who started this subject9/11/2002 5:20:51 AM
From: Dale BakerRead Replies (2) of 118717
 
The NXTL bonds I hold are shifting from zero-coupon to a 10% coupon next week; they are also callable from 9/15 at 105.325. Quoted price has run up from high 70's to high 80's now, reflecting NXTL's recent good news and apparently solid financial footing.

So the bonds produced a 15% capital gain in the past year with a 12% yield on tap for the future. Not bad for a conservative investment in a bear market.


NEXTEL COMMUNICATIONS INC Coupon: Maturity: 09-15-2007


Description
CUSIP 65332VAJ2
Listed? No
Ratings B3/B
Industry Telephone
Delivery Book Entry
Dated Date 09-17-1997
First Coupon 03-15-2003
Pay Frequency Semi-Annual
Settlement Date 09-16-2002

Offering
Quantity Available 100
Order Quantity
Minimum
Price 86.250
Yld to Mat 2.982
Yld to Call
Current Yld







Call Schedule
Date Price Yield

Non Callable

Net Money
Principal $86,250.00
Acc'd Int $0.00

--------------------------------------------------------------------------------

Total $86,250.00
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