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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: russwinter who wrote (36825)7/24/2005 1:57:54 PM
From: mishedlo  Read Replies (1) of 110194
 
Russ, perhaps they do just what stocks did in 2000.
No mergers until panic sets in and then you have buyouts at absurd prices like JDSU/Uniphase or whatever.

I am typing off the top of my head now without giving this much thought.

It's not that there are no mergers, GG and WHT for example (everyone seems to have wanted WHT), it's just that there have not been many of them.

Mish
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