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Technology Stocks : ZD Inc., Ziff-Davis (ZD)
ZD 37.51-1.3%3:59 PM EST
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To: Bouf who wrote (749)4/5/1999 1:37:00 PM
From: Geoff Altman  Read Replies (1) of 855
 
You're right about the interest rate, I believe ZDs fixed rate is 6.85% the LIBOR rate is slightly higher. ZD does have a huge debt to pay off and because of that IMHO the main run is over and instead of having my money tied up for another couple of years I've sold my position, (at over a 300% profit). Don't get me wrong though, I still think that this is a great company, I'm still keeping my book mark, but I think that there are more profitable investments to be made. Good luck to all you longers........
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