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Technology Stocks : FBN Associates - Year 2000/Y2K IPO!!!

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To: Little Engine who wrote (793)5/11/1998 7:00:00 PM
From: EL KABONG!!!  Read Replies (2) of 2770
 
Little Engine,

If you're interested, I have some bonds that were issued by FBN earlier this year. The 24% interest rate is FDIC insured, and the bonds are currently selling at a 42% discount to face value. The hold period is 2.44325 years (.31442 years have already gone by), at which time the bonds expire. The IRS assures me that these bonds are eligible for special tax treatment, kind of like a commercial muni bond, and therefore tax exempt at the federal level and the state of, um (hold your water...) uh... ah yes, Chicago, Illinois.

Now I find I have to sacrifice my investment here and am willing to part with them at great personal financial loss to myself. I make my investment money breeding chihuahuas. Perhaps you've seen my dog in the television commercials? My poor dog needs a penile implant and the only way I can afford it is to part with my bonds. For me, it's a simple matter of priorities. Won't you please help?

TIA,

KJC
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