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Technology Stocks : Kulicke and Soffa
KLIC 40.13+0.5%11:34 AM EST

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To: SemiBull who wrote (5355)11/20/2003 10:21:17 PM
From: JimieA  Read Replies (1) of 5482
 
This looks like a great deal for KLIC. Pay off 4.75% debt with 0.5% convertible debt, convertible at $20.33.

Saving over $7M in annual interest, and extending maturity 2 years.

At 0.5% interest rate, almost like equity already.
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