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: Petz who wrote (37124)4/23/2001 11:23:59 PM
From: Harvey AllenRespond to of 275872
 
Q: YEar end debt?
A: Lower than now
Jerry: Two types of debt. Convertible (if we maintain our stock price we'll
convert it all). Also, debt on Dresden which is at great rates, we're getting
interest subsidies for the payment. For all intents and purposes, we're debt
free

jc-news.com



To: Petz who wrote (37124)4/24/2001 11:37:27 AM
From: bacchus_iiRead Replies (2) | Respond to of 275872
 
RE:"Thus there could be a redemption notice on 5/15/01 if the stock closed above 24.05 on 20 of 30 trading days ending 5/8/01. Those 30 trading days encompass the period 3/27 through 5/8. If G represents > 24.05 and L represents <=24.05, and a space represents a weekend, then we have the following:
Starting Tues. 3/27: GGGG GLLLL LLLG LLGGG G???? ????? ??
"

There is a contradiction between your scenario and the one stated in Harvey Allen post. According to convertbond.com if today is a "G" day it will be the 14th one and only 6 more will be needed.

On last Friday night the status was:

<Provisional Call Date: 5/15/2001
Issue Name: Advanced Micro Devices 6.00% due 5/15/05
Provisional Call Trigger: $24.05
Closing Stock Price 4/20/01:$29.00
Percentage Above The Trigger: 20.6%
Number Of Days Above The Trigger: 12>


Gottfried