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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 213.24+6.1%1:47 PM EST
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To: Neil Booth who wrote (41030)5/24/2001 9:30:11 AM
From: dhellmanRead Replies (1) of 275872
 
re: Sanders sale of shares - (amdroid spin warning)

"As of Feb. 26, Sanders beneficially owned 3,185,512 shares of Advanced Micro Devices common stock - a 1.01% stake - including options exercisable within 60 days to acquire 2,950,000 shares, according to the company's most recent proxy statement."

So my optimistic spin is that he needs the money to exercise his purchase option in the next 60 days .....

edit: DOH! that 60 days is gone already! OTOH don't you think he exercised those options and in fact owns 2.5m shares?
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