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Subject:  Re: EMZ - liquidity now Date:  4/21/2011  4:20 PM
Author:  charliebonds Number:  32714 of 36324


Thanks for your reply, but the semantics "trading flat but nonetheless paying interest" are a sophistry I'd rather avoid, especially when their "normal" bonds offer better effective yields than the hybrids.

I remember looking at Entergy's bonds a couple years back when they were more attractively priced and backed away then, too. Maybe it was a mistake, maybe not. There are only so many hours in a day one can give to analysis. So things fall through the cracks.

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