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To: Oblomov who wrote (131566)10/29/2001 10:02:27 AM
From: LLCF  Respond to of 436258
 
When I was in the business lot's of these things were very tough sells. I really don't know that they're that successful... they ARENT expensive to create with the balance sheets allowed, perhaps that's it. Often they'd float one for a few big institutional buyers and then just try to sell the hell out of it to anyone else because it was being created anyway.

DAK