brendude13 said:
kowenicki said:
I think people here saying "thats it then for Sony" are over stating things.
Whilst this is the latest in the line of bad happenings, it isn't the final nail by any stretch.
Some decent numbers over the next year or so and these ratings will change.
I have always said the future Sony is a very different beast that the past. It will be smaller and leaner. It will specialise. I think they will sell off some software assets like movies perhaps in time. The recent music buy ups are already proving troublesome so they may move away from that too in time. Perhaps it is a case of Software or hardware... make your mind up time Sony? |
Well said.
Anyway, if BB- is classed as "junk", what the hell is C classed as?
Shame to hear about Panasonic too.
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Also junk.
Junk bonds refer to any bond with a credit rating below investment grade.
Another word for it is a speculative bond.
Basically junk status means it's not worth holding for conservative longterm investment goals and is a big risk unless hedged properly.
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