Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 41.41

+2.2%

Dec 5 9:30 AM EST

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To: herb will who wrote (147716)	11/13/2001 2:35:26 PM
From: Paul Engel	Read Replies (1) of 186894

Herb - Re: "I believe that AMD converted $517,500 of convertible debt to common at a price in excess of $24 stiffing the bondholders. Jerry led everyone to believe that at the time of conversion in May that AMD was due for a stellar quarter. Two days before AMD’s scheduled earnings announcement in July Jerry comes clean and says that the quarter was really in the toilet(TM McManus). Of course Jerry knew in May that the quarter was a disaster because he admitted that more that 50% of the quarter’s revenues came in June" Your accounts of the bond conversion - and Jerry's deceit -are accurate. However - as regards to "sticking it" to the bondholders - they are now AMD shareholders - and like all AMDroids, they LIKE JERRY to stick it to them - and they keep coming back for more and more and more ! Paul

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