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Non-Tech : The Critical Investing Workshop -- Ignore unavailable to you. Want to Upgrade?


To: LBstocks who wrote (18957)5/15/2000 8:57:00 PM
From: Jim Willie CB  Read Replies (2) | Respond to of 35685
 
I see more action like with Vodafone
sell off non-critical assets, even if they might participate in the CDMA revenue stream equation
you gotta raise some money

the main point of the Barrons article had to do with spreads between corporate and govt bonds
the auctioning has caused the spreads to widen as corp bond yields have risen gradually
now corp yields are continuing to rise as more money is expected to be needed
as in mega more money

a true catch-22
I believe the pressures will hasten GSM's demise though
/ jim