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To: Kelvin Taylor who wrote (33897)10/25/2001 1:00:28 PM
From: Larry S.  Read Replies (1) | Respond to of 53068
 
INTU 41 and climbing !!!! ggg SMTC - clean steady performer. have you held any or just traded it? nice pick



To: Kelvin Taylor who wrote (33897)10/25/2001 1:03:29 PM
From: BWAC  Respond to of 53068
 
This might be something to file in memory to keep an eye on? Wonder how this will work exactly?:

DJ Lehman Files To Sell $25M In Debt Linked To 5 Tech Stocks
WASHINGTON (Dow Jones)--Lehman Brothers Holdings Inc. (LEH) registered to
sell up to $25 million of debt securities tied to a basket of five
technology stocks, according to a prospectus filed Wednesday with the
Securities and Exchange Commission.
Lehman said the basket comprises Applied Materials Inc. (AMAT), Cisco
Systems Inc. (CSCO), Oracle Corp. (ORCL), Sun Microsystems Inc. (SUNW) and
Veritas Software Corp. (VRTS).
Lehman said it will pay 8% interest each year on a quarterly basis. The
filing didn't specify when the notes will first be offered, nor did it
provide the maturity date, upon which Lehman will pay holders an amount
equal to the closing level of the basket, which will be based on the closing
prices of the stocks on the valuation date.
The company will seek to list the notes on the American Stock Exchange under
the symbol "YLO.A."
Lehman said it will use a portion of the proceeds for general corporate
purposes and a percentage to acquire common stocks that make up the basket.
Lehman said it or one or more of its subsidiaries might also acquire listed
or over-the-counter options contracts in, or other derivative or synthetic
instruments related to, the common stocks to hedge its obligations under the
notes.



To: Kelvin Taylor who wrote (33897)10/25/2001 1:16:28 PM
From: Susan Saline  Respond to of 53068
 
tech alert
sunw just went green
other tech's will follow