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To: wanna_bmw who wrote (156614)1/23/2002 6:32:50 PM
From: SisterMaryElephant  Respond to of 186894
 
wanna_bmw,

<Advanced Micro to sell $500 mln convertible debt>

I guess AMD is planning on having more losses in the future, after all, the potential dilution of shares makes the EPS(LPS) seem more palatable, and leaves "money in the bank" <g>

SK



To: wanna_bmw who wrote (156614)1/23/2002 6:44:17 PM
From: Dave  Respond to of 186894
 
Wanna,

I wouldn't consider it a "desperate" move, as you call it. Nortel and Lucent, who were at the time on very shaky financial ground, sold conv't debt, however institutional investors bought.

Debt should not be considered "evil".....


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