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

To: brushwud who wrote (34723)	4/13/2001 9:22:42 PM
From: brushwud	Respond to of 275872

130% of the conversion price is $24.05. AMD closed above that price last week on March 28, 29, and 30, and also yesterday. So they are 4/20 of the way toward meeting the requirement by May 9. If AMD closes above $24.05 for 16 more days up to and including May 9, then they will be able to force conversion on May 15. Note that 15 of those trading days follow the earnings announcement on April 18. AMD closed above that price yesterday, so they are now 5/20 of the way toward meeting the requirement by May 9. They have closed above $24.05 for 5 of the last 12 days and 18 days remain.