http://biz.yahoo.com/indie/081031/1510_id.html?.v=1
Yahoo commented that they are down for the year but their stakes have been in companies with virtually no debt.
As mentioned before,
Long equities with 0 Debt/ Short the general market...
Company with 0 debt can't go lower than a company with debt! Both companies can be valued at 0 but at that point the creditors will probably own the debt laden company while you'll still own the other.
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