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To: NOW who wrote (105142)5/28/2001 11:10:15 AM
From: Joan Osland Graffius  Read Replies (1) | Respond to of 436258
 
davidd, >>why buy now?

I am betting that in 2 years or so time we will be seeing deflation in our economy and at that point in time I want some high quality noncallable bonds. Since I can not see in the future I an starting to nibble now. Sir Templeton recommended this strategy of high quality non callable bonds and Warren Buffet is nibbling so I will also. Warren can see what is happening inside the corporations he owns and has a better idea of what is really happening than I do. <g>

It would not surprise me that in the future I will be happy with the 5.8% treasuries that I bought.

Joan