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To: Bonnie Bear who wrote (17237)1/29/1999 3:27:00 PM
From: John Pitera  Respond to of 86076
 
Bonnie Bear, <<<<But highly debt-leveraged companies should be going
down too, and banks going up as long as the spread is in their favor.>>>>

take a look at Z , flsc and soc for debt laden companies.........not looking to hot

The banks have to be concerned about the quality of their loan portfolio in a recession.

John