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Politics : Welcome to Slider's Dugout
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To: Nihontochicken who wrote (7298)12/13/2007 7:03:08 PM
From: RonMerks  Read Replies (1) of 50652
 
"How did this happen? Well, at the time of purchase the investments had the highest ratings available from S&P and Moody's. Now, they don't.

Ciena said that they may incur additional realized losses in fiscal 2008 "up to the aggregate amount of these investments."

-time to go to the mattresses- LITERALLY.

Ron
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