The Thread Formerly Known as No Rest For The Wicked Message Board

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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: MARK C. who wrote (8097)	1/17/1999 10:39:00 PM
From: D.Austin	Read Replies (1) of 90042

Hello Mark I was reading an article in FORBES,THATS WHY THEY CALL IT JUNK.It is about the default rate on high-yield bonds.Qwst raised 11 billion dollars selling zeros.The interest is defered for 5 years and to be paid upon final maturity. I know in these times of "earnings do not matter" but in the long term can this be a good for this company ? Just learning and curious. Thank you dennis

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