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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (63342)6/28/1999 3:48:00 PM
From: Don Lloyd  Respond to of 132070
 
MB -

(...I only want the bond if you can guarantee no coupon payments for the first two years, ala Micron Tech...)

First two years, middle two years, last two years, or any combination. No problem. -g-

For your convenience, I have an electronic commerce payment arrangement with roachmotel.com. -g-

Regards, Don



To: Knighty Tin who wrote (63342)6/28/1999 5:08:00 PM
From: John Graybill  Read Replies (2) | Respond to of 132070
 
If they ever *do* make a payment, they get to reset the clock for another two years. Neat deal, huh.

I myself am not discounting the possibility of the ultimate, no-holds-barred tout marathon of all time by all concerned beginning before the end of 1999. If They run MU up past the price where they can force a conversion of the bonds into stock, MU avoids paying the interest (well, avoids defaulting for not paying the interest). I think that price is 87 or so, by 1/1/2000.



To: Knighty Tin who wrote (63342)6/29/1999 10:58:00 AM
From: Knighty Tin  Read Replies (3) | Respond to of 132070
 
To All, Spin alert. Anyone notice the spin about a great earnings warning season. Today Philip Morris and Seagate preannounced, but they are still saying great season. MU had a huge miss and didn't preannounce, but that doesn't change the hard English on the spin. It is somewhat amazing that these folks seem to read off the same script no matter what the reality. What I wonder is, who writes the scripts for the zombies to read? <g>