Advanced Micro Devices - Moderated (AMD) Message Board

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Technology Stocks : Advanced Micro Devices - Moderated (AMD)

AMD 249.66

+7.6%

Jan 21 3:59 PM EST

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To: pgerassi who wrote (215340)	10/28/2006 4:44:16 AM
From: ChrisBBo	Read Replies (2) of 275872

If you take in that float stayed about 13% prior to the acq., then factoring that back in, there are 106%/87% = 1.218 or 22% too many shares out there. 87% of 486 million is 423 million minus 32 million known short plus 57 million from the acq equals 448 million. 577 million minus 448 million divided by 543 million is 0.2379 or about 24% of outstanding shares are short (naked or otherwise) or 129 million shares. I'm not sure I understand your calculations, and besides, are we sure the insti% isn't really 117-118% ? Why are you involving normal shorts too ? They're just "real" shares borrowed and sold by someone else. I don't see their relevance to this issue.

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