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Non-Tech : Convertible Bonds -- Ignore unavailable to you. Want to Upgrade?

To: Rocky9 who wrote (43)	11/29/2002 11:09:58 PM
From: David Lawrence	Read Replies (1) \| Respond to of 83

>> VTSS - 72.0 19.20% (73.00 18.56%) [79.00 15.05%] <80.50 14.31%> $72.00 19.2% YTM (or Ask $73.0018.56 YTM). I got that. What's the 2nd pair of quotes? I'm stunned the VTSS debt is still yielding ~19% after the common has rallied so much.

To: Rocky9 who wrote (43)	12/15/2002 3:14:48 PM
From: Rocky9	Read Replies (2) \| Respond to of 83

I have taken some of the historical values out of the table below. Now the 3 sets of numbers represent the first price and YTM, the last price and YTM, and the current price and YTM. ANAD - 52.125 24.14% <59.125 20.63%> (56.25 22.36%) CPN - 36.375 60.17% <53.50 39.05%> (48.375 45.79%) ICGE - 35.0 65.94% <36.00 67.57%> (40.00 61.43%) PMCS - 64.25 16.83% <75.75 12.07%> (75.0 12.46%) RFMD - 78.0 13.52% <87.625 9.09%> (86.75 9.59%) SFE - 57.75 22.6% <61.625 20.90%> (63.25 20.16%) SEPR '07 - 49 24.97% <59.75 19.45%> (60.25 19.34%) SEPR '06 - 54.375 23.93% <63.00 19.62%> (63.375 19.59%) SEPR '05 - 76.125 17.13% <82.875 14.12%> (81.25 15.01%) TERN - 60.0 17.77% <60.50 17.62> (60.125 18.14%) TQNT - 77.125 10.70% <78.625 10.35%> (77.625 10.75%) VTSS - 72.0 19.20% <80.50 14.31%> (83.00 12.97%) Others: AFFX - 82.625 9.86% <83.00 9.78%> (83.50 9.66%) MLNM - 78.125 12.39% <79.50 11.93%> (82.875 10.80%) JNPR - 74.25 12.67% <76.375 11.96%> (78.25 11.35%) VPHN - 38.125 34.81% <41.00 32.61%> (41.125 32.67%) VRTX - 74.00 12.29% <76.125 11.63%> (75.375 11.93%) I am very surprised that the ICGE bond is up, especially with the stock going from ~.80 to ~.50/sh. The CPN bond is very volatile, as the common is. The other bonds have not changed that much in the last two weeks. Since the original list was posted on 10/19, all the bonds are up (although the TQNT and TERN are not up much). TERN is the only one that has a current common price near the price on 10/17 (all the others are still way above the lows). If the market continues down, it will be interesting to compare the prices of the bonds.