Piffer OT - And Other Assorted Nuts Message Board

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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts

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To: The Phoenix who wrote (53930)	9/26/2000 2:21:34 PM
From: Junkyardawg	of 63513

FWIW: ADI's money flow is +$300 million on twice the normal volume. I am still doing reading on this debt they issued but so far everything I read is more positive than negative. Simply put with the interest in the bond market ADI may have gotten a deal on money that they simply couldn't pass up. The conversion cannot be converted for 3 to 5 years and it is at a 45% premium. Like I say I am not a financial expert but so far the market is not telling me that this is bad and the market usually knows more than any of us. dawg

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