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To: RockyBalboa who wrote (346)6/23/2001 10:04:48 AM
From: hdl  Respond to of 449
 
accutrade- i got as a customer of a discount brokerage they bought. $9.95 a stock trade. (but, bonds are different.) i get ameritrade price, but get accutrade service.



To: RockyBalboa who wrote (346)6/23/2001 10:07:25 AM
From: James Calladine  Read Replies (2) | Respond to of 449
 
BONDS:

You know, when a bond sells in the low single digits, that represents a point of view that is amazingly pessismistic.

It suggests, of course, that there is NO HOPE of recovery based upon what the bondholder knows. Much more typical is something in the range of 40-50%, as far as I know.

I guess I am curious as to what the bondholders know, that I don't know.

Namaste!

Jim


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