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To: Les H who wrote (37975)11/16/2000 11:42:37 AM
From: patron_anejo_por_favor  Respond to of 436258
 
It wasn't Cramer, but the guy makes some good points (that are obvious to most by now)....that junk is currently junk.

He neglected to go on and point out that many high tech darlings, by assuming the role of vendor financier, are becoming proxies for junk bond funds....and will get their heads handed to them.

Anyone note Sick-A-More's announced plunge into the vendor financing quicksand on Tuesday? Should help take care of any excessive revenues they might somehow stumble across in the future....<NG>