Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Petz who wrote (110657)	5/12/2000 5:12:00 PM
From: ptanner	Respond to of 1580130

Petz - <So, I assume if AMD announced they were calling the notes at 105, every holder with a brain would immediately convert them to shares.> Yep. These bonds are mostly held by institutional investors and mutual funds, not individuals who might overlook a pending call. Additional details: "(a) Provisionally callable from 5/16/01 to 5/14/02 should the stock equal or exceed $48.10 for 20 consecutive business days out of 30 consecutive business days; hard call protection expires on 5/15/01." PT