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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: patron_anejo_por_favor who wrote (201694)5/11/2009 4:00:30 PM
From: PerspectiveRead Replies (5) | Respond to of 306849
 
WTF is this?

Microsoft moves forward in first debt offering

finance.yahoo.com

Why would you, while sitting on a $25B mountain of cash, issue billions in debt? Are they positioning to take advantage of what they forsee as rising yields? Why else would you go into debt when you've already got all that cash?

Are they thinking they can issue the bonds and then get a credit on earnings every quarter that interest rates rise and the bonds fall?

`BC



To: patron_anejo_por_favor who wrote (201694)5/11/2009 4:08:09 PM
From: saveslivesbydayRead Replies (1) | Respond to of 306849
 
27.75 is the secondary offering price, but that bid disappeared in the after-market trading - look at it now.



To: patron_anejo_por_favor who wrote (201694)5/11/2009 4:10:07 PM
From: jpk1Respond to of 306849
 
I watched that and SPG. No question they set a floor for COF at 27.75 and wouldn't let SPG go below 52.00. The entire market is totally manipulated by the big boys and the you know the SEC will never do a damn thing. Really sickening to watch. It's clear to me they're going to bring the market up to around 9000-9200 before we have any meaningful pullback. Get those new shares sold nice and high boys.