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To: LLCF who wrote (215770)1/21/2003 12:54:22 PM
From: hdl  Read Replies (1) | Respond to of 436258
 
i know that. but, i don't do it. i can make a stock trade for $9 - no matter how many shares i buy. but, i have to pay for each bond. when the bonds are trading for very little, it is expensive. besides, there is a huge bid-ask spread. so, i end up not buying the bonds. i buy the stock and get creamed.