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To: pater tenebrarum who wrote (18805)9/15/2000 1:19:21 PM
From: LLCF  Read Replies (1) | Respond to of 436258
 
I like the latest 2000 version of the 'bridge loan'... ie. "airball credits": loans extended with the hope that the borrower's financial condition is poised to material improve. i.e. an IPO. LOL

DAK



To: pater tenebrarum who wrote (18805)9/15/2000 1:32:57 PM
From: Oblomov  Read Replies (1) | Respond to of 436258
 
It's not a good signal of the market's strength, that lending facilities are regularly providing large sums of what can only be seen at this point as speculative money. Virtually every rally in the indices has its origin in borrowed money...

New Moto report:
piraz.com