Word: junks
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Though representatives from Yahoo! were not available for comment over the weekend, the malfunction appears to have stemmed from Yahoo!’s junk-mail-eliminating feature, which is sensitive to any “message or posting, regardless of its content, that is sent to multiple recipients who have not specifically requested the message...
...correction, which has been overdone. Low-grade corporate bonds should do well. As the economy kicks in, you'll have a problem, but you can address it at that point. If the economy doesn't take off, you can stay in these bonds longer. I'd play it through junk-bond mutual funds...
...TIME: Junk bonds have been hot this year. Isn't that play about over...
MAIDMAN: Even though they've already had a pretty solid run, if nothing else you'll capture nice yields, maybe 7% to 10%. In addition, there will be more capital appreciation. As the economy recovers, balance sheets and credit ratings improve, and junk bonds rise. Now you have a price gain of maybe 10% plus your 7% yield...
LOTSOFF: I don't think anything is particularly cheap. But I'm a buyer of junk-bond hedge funds, diversified alternative investments. In common stocks, I'm buying good-quality dividend payers. Despite all their legal problems, I have looked at pharma. I still cannot help but look at the demographics in Europe, Japan and the U.S., which says we're going to be eating many, many more pills. The growth potential there is misunderstood. I like Pfizer, Merck, GlaxoSmithKline, Bristol-Myers Squibb...