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Technology Stocks : Leap Wireless International (LWIN) -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (2312)6/30/2002 5:15:30 PM
From: Dave  Respond to of 2737
 
Maurice,

I'm glad you posed this question. Currently, I am reading "The Intelligent Investor" by Benjamin Graham.

Here is a quote that is interesting:

Experience clearly shows that it is unwise to buy a bond or a preferred that lacks adequate safety merely because the yield is attractive



To: Maurice Winn who wrote (2312)6/30/2002 9:09:11 PM
From: Art Bechhoefer  Respond to of 2737
 
Maurice, just a hunch on my part, but there is some evidence suggesting that if Leap is in need of rescue (we won't know until 2004), there is a white knight waiting.

Art