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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: stomper who wrote (11054)	7/6/2001 12:47:37 AM
From: Captain Jack	Respond to of 52237

It's simple; ML has some junk or soon to be junk to sell as corporates and they are trying to kick NITE and others in the butt as they can easily withstand a couple more qtrs of low trading vol. Still, my OLD bonds have done well but I'm certainly not interested in much at these rates that will not last 9 months before rates head up,, ya know what happens to their value then. ML is concerned of their banking section--- too easy to figure what they are trying to do,,,

To: stomper who wrote (11054)	7/6/2001 2:10:56 AM
From: Jacob Snyder	Read Replies (1) \| Respond to of 52237

Actually, I found it hilarious. Especially the choice of Steve Martin as the voice of sober reason and maturity. But I like my humor without cream or sugar, just straight black. The same day's WSJ has another article that says: The telecom industry will soon begin contributing to U.S. commercial banks' heap of losses from soured loans. The ongoing implosion of the telecom sector comes at a time when the weakening economy has thrust the issue of loan quality forward as large corporations, followed by mid-sized businesses and consumers, no longer have the same wherewithal to diligently pay down their debts. "We are getting to the point where telecom assets will start to have an impact," said analyst Judah Kraushaar of Merrill Lynch & Co., who expects nonperforming loans to rise in the "mid-teens" in the second quarter from the preceding first quarter