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To: John Madarasz who wrote (247347)6/26/2003 6:40:18 PM
From: J. P.  Respond to of 436258
 
Thanks, can I buy Xerox junk bonds with my Etrade account? TIA



To: John Madarasz who wrote (247347)6/26/2003 6:54:10 PM
From: NOW  Read Replies (1) | Respond to of 436258
 
that is highly bullish right John?



To: John Madarasz who wrote (247347)6/26/2003 7:14:05 PM
From: Haim R. Branisteanu  Respond to of 436258
 
let's 13 billion + GM 17 billion that is a paltry 30 billion in junk debt in one week.

Interest on this junk is around 8% to 9% which is close to 250 million a month or about 1 billion per quarter.

wonder if the earnings of those companies cover the debt service