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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: MARK C. who wrote (8097)1/17/1999 10:14:00 PM
From: Glenn  Respond to of 90042
 



To: MARK C. who wrote (8097)1/17/1999 10:39:00 PM
From: D.Austin  Read Replies (1) | Respond to of 90042
 
Hello Mark I was reading an article in FORBES,THATS WHY THEY CALL IT JUNK.It is about the default rate on high-yield bonds.Qwst raised 11
billion dollars selling zeros.The interest is defered for 5 years
and to be paid upon final maturity.
I know in these times of "earnings do not matter" but in the long
term can this be a good for this company ? Just learning and curious.
Thank you
dennis