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No Xpert on the M or GM specifically, but I do like my GXM bonds
I bought for $20 and change in early '06: paying 4.9% currently,
with the very attractive option to call in xchange for stock,
at any current price. Thus, they are paying nearly 5% and I can
toss the 5 thou "shares" I have for 5K shares of the Ol'Gen, which is
currently up a nice 12 bucks a share from my "buy" price.
I do hope they "make it", though I strongly suspect they will be a
much smaller, "allied" company. They gotta get some prods out that
people want to buy...and, their Pen&Benneis pit is a 500 lb anchor.
The mkt is brutal these days, however, and very reactive.
BR,mD
Last edited by motordavid; 07-26-2006 at 12:54 PM.
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