Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Roger A. Babb who wrote (14429)	10/6/1998 4:26:00 PM
From: Market Tracker	Read Replies (1) of 18691

It's beginning to appear as though the Long Term Capital Management bailout may involve some possible conflicts of interest. biz.yahoo.com <ot> Roger, I'm sure you can recall when IBM went to the debt markets earlier this year when rates were at the 6% level. Everyone was claiming that IBM once again found the bottom of the interest rate cycle, but it looks like they guessed wrong this time as the long bond now stands at ~4.75%. Probably a good time for Babb Cellular Concrete to begin locking up some more funds for the construction of that second plant, IMO. BTW congratulations on your mention in yesterday's WSJ. MT

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