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Author: stork1344 Big red star, 1000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 34984  
Subject: Re: Another alternative Date: 8/14/2000 1:22 PM
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I analyzed GP's financials. They are a good company with low risk. The reason the yield was so high is that the market beat down all paper stocks and their cousins, convertible preferreds. The coupon was 7.75 % as I recall when they were issued at par. These are not junk bonds.
Bob
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