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To: StockMan who wrote (3340)1/2/1998 3:06:00 PM
From: greg nus  Read Replies (3) | Respond to of 6843
 
Stockman, Quick lesson in finance. What is the US debt ratio to it's income? Debt is priced to risk. Go ask DLJ leaders in the field of Junk who much money they made this year owning Junk. When your wallet is as fat as their's is come back for another lesson. AMD went to junk
at an inoppertune time. Right after major delution from Nextgen, and the K-5 flop. Also ask Dlj if they would be willing to float a refinance in todays market for 10 years. Ask them what rate amd could get.