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Technology Stocks : Asyst Technologies (ASYT) Good Value/Where is the Bottom?
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To: James Calladine who wrote (2038)6/28/2001 10:12:31 AM
From: Sampat Saraf  Read Replies (1) of 2313
 
Jim,

With stock currently trading at 12.70, I do not see how buying the convertible is any better than buying the stock. The difference in 15.18 and 12.70 is about 19%. At 6% coupon, you will take 3 years to make 20% !
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