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Non-Tech : Derivatives: Darth Vader's Revenge -- Ignore unavailable to you. Want to Upgrade?

To: Enigma who wrote (365)10/5/1998 10:18:00 AM
From: Henry Volquardsen  Read Replies (1) | Respond to of 2794
 
E,

I don't know but would be interested in that analysis as well. There will be one offset however. The level of interest rates on treasuries has dropped considerably and will drop further if we slip into recession. With interest expense a major budget item there will be considerably budgetary impact from the ability to refinance debt at lower rates.

Henry


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