Due Diligence - How to Investigate a Stock Message Board

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Strategies & Market Trends : Due Diligence - How to Investigate a Stock

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To: Mary Baker who wrote (477)	5/25/1999 3:49:00 PM
From: Henry Volquardsen	Read Replies (1) of 752

It means they are paying off debt. They were paying 11.5% for this money. They are paying $1.0575 on the dollar or above par. But considering that the coupon is pretty high it is probably more expensive to buy them on the open market.

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