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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?


To: Techplayer who wrote (4692)10/3/2002 7:38:14 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 57110
 
well, I would like for that whole industry to pick up again. Both are good companies and both have good products. It's just those other details.

One thing that I am looking at is that JNPR has about $1B worth of bonds out there. I imagine that they are pretty distressed at this point. At some point, I would think that they would want to buy back their own debt. I believe that they never really dipped into that cash, so they should have most of it. I will be taking my time to take action on this though. I have never really played with corporate bonds, let alone distressed bonds, but I am it is something that interests me.