Y vs DXM - Totally agree that Y appears to be safer than DXM at this point because of DXM's heavy debt load but a case can be made that on a risk adjusted basis DXM may very well win out over the longer term. I don't hold either stk but do continue to hold the Dex One notes due in 2017. For the time being they look safe enough to me but I must confess I'm nervously watching DXM's progress.
Y vs DXM - Totally agree that Y appears to be safer than DXM at this point because of DXM's heavy debt load but a case can be made that on a risk adjusted basis DXM may very well win out over the longer term. I don't hold either stk but do continue to hold the Dex One notes due in 2017. For the time being they look safe enough to me but I must confess I'm nervously watching DXM's progress.