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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Bilow who wrote (80356)11/17/1999 11:26:00 PM
From: Bilow  Respond to of 1579897
 
Hi all; As an update to research on AMD's 6% 2005 convertible bond, I note that it is currently selling at around 92, with a current yield of around 6.5%, and a YTM of 7.9%. This seems to me to be quite the bargain, since the stock seems likely to exceed the conversion value of $37 in the next year or two. (Which would force the bond to at least parity.)

Prices from convertible bond pricing website at:
(Free trial) convertbond.com
The above tool has a lot of other interesting information about the bond.

The 7.9%

-- Carl