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Non-Tech : Simula (SMU)
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To: Jaime H. Ayalde who wrote (1562)4/1/1999 11:25:00 AM
From: Noblesse Oblige  Read Replies (1) of 1671
 
Hi Jaime....

The debs should trade as busted, of course, and they do. The rate of return to maturity is approximately in line with other companies that are equally rated.

I don't think they are signaling you anything at all about "survivability".

Have a good day.
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