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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Monty Lenard who wrote (7544)3/5/1999 7:57:00 AM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 99985
 
Monty they are issuing new debt at 60 to 70 bp above treasury. LU can not sell without giving easy credit. - e.g. US public is financing others telecom system to keep the payroll steady.

Debt Debt is great <GGG> reminds me of the 1980's real estate boom in Japan and US, with no money down as cashflow will take care of debt service <GGG>

BWDIK
Haim