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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: ~digs who wrote (37840)7/28/2002 8:28:32 PM
From: Johnny Canuck  Respond to of 67657
 
Thanks ~protege,

As suggested in the article the rating may have less of an effect on what traders are willing to pay for a stock right now. The credit rating reflect more about debt levels and their ability to service them as opposed to organic growth in their business. As you noted a lot of them are near their lows. The rate may be more of a factor as their businesses turn around as they will be able to finance expansion. The last few year triple A usual has meant slow growth.