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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 215.51+0.2%12:02 PM EST

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To: Joe NYC who wrote (68783)1/24/2002 6:09:01 PM
From: andreas_wonischRead Replies (1) of 275872
 
Joe, a quick addition from amd.com :

At the initial conversion price, each $1,000 principal amount of Debentures will be convertible into approximately 43 shares of the company’s common stock. The initial conversion price represents a 40% premium over the last reported sale price of the company’s common stock on January 23, 2002, which was $16.70 per share.

500 * 43 shares gives 21,500 shares.

Andreas
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