SI
SI
discoversearch

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

To: Mani1 who wrote (105)7/6/2000 8:21:46 PM
From: EricRRRead Replies (3) | Respond to of 275872
 
Hmmm..... If Earnings are better than expected, then the risk on the bond would be lower than expected, no?

So AMD wants to set that limit right at the earnings to encourage the holders to turn them in right before the better than expected earnings. If the holder find out about the earnings, they would not want to retire their bond early even if there is a slight premium.


And if someone downgraded the stock just before the bond buyback, that would make the offer more attractive. How convenient!



To: Mani1 who wrote (105)7/6/2000 8:34:06 PM
From: GoutamRead Replies (1) | Respond to of 275872
 
Mani,

>So AMD wants to set that limit right at the earnings to encourage the holders to turn them in right before the better than expected earnings. If the holder find out about the earnings, they would not want to retire their bond early even if there is a slight premium.

Makes sense. As RatbertRyand pointed out in his reply, yesterday's SSB report may encourage most of these bond holders to accept AMD's offer.

Goutama
.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News