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To: Joe NYC who wrote (156741)1/24/2002 1:30:12 PM
From: Tony Viola  Read Replies (1) | Respond to of 186894
 
So are you modifying your theory that debt is bad, and only weak companies have debt to a new theory that convertible debt is bad?

I didn't say debt was bad, but it's down lower on the balance sheet in priorities than using cash, if you have it. In an analogy WRT individuals, I'd rather pay cash for something than use a credit card (long term).