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Non-Tech : Convertible Bonds
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To: Rocky9 who wrote (22)10/19/2002 3:15:52 PM
From: Jorj X Mckie  Read Replies (1) of 83
 
I thought that might be the case.

Do you follow JNPR's bonds at all? They sold about $1B a few years back and to my knowledge, just sat on the cash. (they are callable in March 2003). I am certain that they are pretty heavily discounted at this point, but I am not certain that they have been discounted enough yet.

I am a neophyte with bonds, but like the idea of eventually buying distressed corp bonds.
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