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Strategies & Market Trends : Trading the SPOOs with Patrick Slevin! -- Ignore unavailable to you. Want to Upgrade?


To: Jack of All Trades who wrote (6001)7/18/2000 1:18:50 PM
From: Patrick Slevin  Read Replies (2) | Respond to of 7434
 
2.5% is believable. What the common line of thought, or so I believe the common thought is, is that borrowing costs are far lower.

My point to Gersh is that the official number may be lower but virtually no one can qualify for such a rate. I'm sure your company has impeccable credit, yet getting below 1% isn't plausible. The common perception (again, I think) think people believe that it is possible to borrow even lower in Japan.