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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: t4texas who wrote (5866)	3/20/2002 10:57:52 PM
From: John Pitera	Respond to of 33421

Hi T, I taped cnbc's interview with Bill Gross today, it was a very good interview. Gross said that stock and bond holders would like more information regarding the capital transactions of US corporations. He pointed out that the buyers of GE's debt offering last week DID NOT know that their would be a shelf offering 3 days later of 50 BILLION! and they would have liked to have know this as they are now 100 to 150 dollars underwater on the debt that they purchased. CMBC took him seriously, but you could see the apprehension in the way that they covered the story. John