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Technology Stocks : Advanced Micro Devices - Moderated (AMD) -- Ignore unavailable to you. Want to Upgrade?


To: dougSF30 who wrote (139212)11/9/2004 12:51:22 PM
From: gzubeckRead Replies (1) | Respond to of 275872
 
Doug,

I have carefully read the conversion terms...AMD was able to pay off the debt for $130 million plus $26 million in premiums for 19.3 million shares at a current market value of $329 million...net gain of $173 Million...we do not know how the market will react to information presented on Friday...I'm going to be weighted on options on the negative side...I hope the stock goes to $30...I'm not holding my breath for this one...my belief is that Intel is desperate and they might do anything possible short of sliting their own throats...just be cautious...thats all...