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To: Mark Adams who wrote (231442)3/27/2003 10:20:18 AM
From: Knighty Tin  Respond to of 436258
 
Mark, High yield will hold up for awhile because the fund cos. can sell junk bond funds to the public. It is their only source of new money right now. So, with this new cash chasing the junkies, prices tend to go up. But these are definitely trading sardines, not for buy and hold.