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Technology Stocks : AMD:News, Press Releases and Information Only!

AMD 233.54

-1.8%

Nov 7 9:30 AM EST

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To: greg nus who wrote (3332)	1/1/1998 10:58:00 PM
From: StockMan	Read Replies (1) of 6843

Nusance, The reason, why AMD's junk bonds pay such a high interest rate, is because they have not much to back it up. If they did, AMD would get a much better interest rate. The interest rate is in inverse proportion to the ability of AMD to pay it back. U.S treasuries being the highest, and low grade junk bonds being the lowest. AMD at 11.5% right now, is very close to the lowest. Just a short lesson, for you who claim to know all about finances. Stockman

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