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 Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (49679)	7/24/2001 11:49:26 AM
From: Ian@SI	Read Replies (1) \| Respond to of 70976

A rather enlightening article on the recent NVLS convertible bond issue in today's WSJ... interactive.wsj.com July 24, 2001 Novellus' Unusual Convertible Raises Eyebrows on Wall Street By SUZANNE MCGEE Staff Reporter of THE WALL STREET JOURNAL Who says there's no such thing as free money? Novellus Systems Inc. last week raised $800 million in a financing deal that won't cost it a penny in interest payments. Indeed, the San Jose, Calif., maker of semiconductor production equipment could even make some money in the short-term from the transaction. And yet some investors have jumped at the chance to buy these new Novellus convertible securities. ...

To: robert b furman who wrote (49679)	7/24/2001 11:59:03 AM
From: Katherine Derbyshire	Read Replies (3) \| Respond to of 70976

>>This was not a case of Standard oil buying the railroads and charging the competing oil companies more for transporting their oil than hauling their own. << I'm not so sure about that... Just for starters, it's pretty well known that the published API for Microsoft products is missing hooks that MSFT internal developers use. So the owner of the railroad (operating system) is denying competing oil producers (software companies) access. Katherine