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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (67274)	9/5/1999 6:05:00 PM
From: DJessen33	Read Replies (1) \| Respond to of 132070

<DJ, Debt is leverage, pure and simple, which increases risk and reward. If business is improving, that debt load can leverage eps. That is a good definition of a speculation. > Amazon is also a good definition of debt and speculation. Isn't there enough undervalued companies out there that a person doesn't have to take a chance on a company that has one foot in the grave carrying a debt albatross? Wearing a contrarion's hat, I know that somewhere along the line the reward can outweigh the risk. Where do you draw the line between fundamentals and contrarionship? DJessen33