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


To: Earlie who wrote (86997)12/16/2000 6:52:42 PM
From: Mike M2  Read Replies (1) | Respond to of 132070
 
Earlie, the debt issue reminds me of Freeman Tilden's line from " A World in Debt" ( 1936) "..it looks as if we were suffering from an overproduction of debt , not overproduction of goods." welcome back. Mike



To: Earlie who wrote (86997)12/16/2000 8:52:28 PM
From: yard_man  Read Replies (2) | Respond to of 132070
 
>>As I have noted in the past, I got killed in 1998 <<

Not to dwell on something unpleasant, but was it the suprise rate cut by AG or something earlier?



To: Earlie who wrote (86997)12/16/2000 10:26:41 PM
From: Frank Griffin  Read Replies (2) | Respond to of 132070
 
What is your read on AMZN?



To: Earlie who wrote (86997)12/18/2000 7:48:50 PM
From: John Pitera  Read Replies (1) | Respond to of 132070
 
earlie, excessive debt, whether for a company, a sector
or an economy, can be a devastating situation to be in.

Since then, by paying
inordinate attention to the debt situations in companies, we have managed to extract a decent return simply by shorting only those companies that were in or heading for the bankruptcy courts.


you and anyone who wants to do scans of companies
with bonds that are paying the really high yields like 45 and 70%, (indicating that the common may be going to zero
at some point) should check out the below site.

tradebonds.com

On that site you can go get bond quotes and get corp.
bonds ranked by grade and see the big discount and thus
very high yields from some of the junk debt.

That can give a nice heads up of common stocks that could
have further downside.

John