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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (60910)	5/27/1999 3:50:00 PM
From: valueminded	Read Replies (2) of 132070

Mike/Wayne: I will give it a crack. Nobody is intersted in buying bonds of companies which are increasingly leveraging the future to buy back stocks. I sure wouldnt buy a 30year bond paying a miserly 5.8%. Now 8% would start to get me interested... One more thing, looks like cmb is interested in buying mer. At least that is what the rumor mill has cooked up. They even have a specific premium in mind. 1.65 shares of cmb per share of merrill. What you think ? Is it getting to be a good time to add de pooots ? imo, either cmb has lost its mind (ie doing the deal) or its just another rumor

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