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Technology Stocks : Advanced Micro Devices - Moderated (AMD) -- Ignore unavailable to you. Want to Upgrade?


To: Petz who wrote (98)7/6/2000 7:45:47 PM
From: EricRRRead Replies (1) | Respond to of 275872
 
Thanks John, very interesting. I didn't realize that paying the debt is treated as a loss.

AMD will realize a capital loss in Q2'2000 by paying for tendered bonds, hopefully most of them.

---I assume you mean Q3.

Do you think the SSB downgrade will benefit (make it more attractive to holders) this bond offer?



To: Petz who wrote (98)7/6/2000 8:07:44 PM
From: Mani1Read Replies (2) | Respond to of 275872
 
John, thank you for a nice analysis.

Is there any guesses as to what percentage of the bond holders will accept this offer?

Am I correct to assume that a holder is better off not accepting the offer if he/she thinks there is no near term risk with regard to AMD? That is how I understand it.

Mani



To: Petz who wrote (98)7/6/2000 8:51:02 PM
From: Bill JacksonRead Replies (1) | Respond to of 275872
 
Petz, Do you mean the premium paid to retire will be that portion of the bond retirment that is a capital loss? Or the entire portion is??? In that case borrowed money is income and I know that is not true, thus you must mean that just the premium for pre-mature redemption is a capital loss.

Bill