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To: yard_man who wrote (54480)1/5/2001 10:23:49 AM
From: Jeff Jordan  Respond to of 436258
 
I don't know who the creditors are for the CA utilities...they are the only ones going to take a big hit....maybe a few taxpayers?

30-60 days and this market should feel better w/ tax cuts coming? Greenie inflating isn't enough without tax relief

Buffet buying junk bonds? hmmmm, he's thinking long term. sounds scary though....he can afford to be wrong...we know he is very selective



To: yard_man who wrote (54480)1/5/2001 10:25:02 AM
From: AllansAlias  Respond to of 436258
 
Yea, sure. They have not "experienced any losses" yet because they have not booked them. They, like other similar pocket-pickers, are just hoping the bull runs some so they can clean up the mess. Good luck long-term dudes.


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