To: Maya who wrote (33853 ) 6/15/1998 12:37:00 PM From: DiViT Respond to of 50808
Wouldn't taking out the converts be attractive to the company at these prices... CONVERTIBLE SECURITIES PRICE INDICATIONS FOR 6/12 06/12/98 Federal Filings Newswires (Copyright (c) 1998, Dow Jones & Company, Inc.) ISSUER: FEDERAL FILINGS BUSINESS NEWS SYMBOL: X.FFI CONVERTIBLE SECURITIES PRICE INDICATIONS 6/12/98 Published by the Federal Filings Convertibles Group The following table of convertible securities price indications represents active or recent issues in Friday's session. Points premium is defined as the level above or below parity against the common stock, and percentage premium is derived from dividing the point premium by the convertible issue's parity. Conversion Price Price Point % Company Ratio Friday Thurs. Change Premium Prem. ======================================================================= Kellstrom Industries Ind. (KELL) Stock 26.6875 26.0625 2.4% 5.5% nts due '03 30.769 Bond 103.625 100.00 3.6% 21.51 26.20 ----------------------------------------------------------------------- Aspen Technology Inc. (AZPN) Stock 43.00 42.375 1.5% 5% nts due '05 18.879 Bond 102.75 100.00 2.8% 21.57 26.57 ----------------------------------------------------------------------- Orbital Sciences Corp. (ORBI) Stock 34.50 36.00 -4.2% 5% nts due '02 35.714 Bond 142.00 --- --- 18.79 15.25 ----------------------------------------------------------------------- Solectron Inc. (SLR) Stock 38.875 40.625 -4.3% 6% nts due '06 14.791 Bond 126.50 --- --- 69.00 120.00 -----------------------------------------------------------------------C-Cube Microsystems Inc. (CUBE) Stock 18.00 15.6875 14.7% 5.875% nts due 05 32.573 Bond 86.5625 --- --- 27.93 47.64 ----------------------------------------------------------------------- Advanced Micro Devices Corp. (AMD) Stock 16.8125 17.625 -4.6% 6% nts due '05 27.025 Bond 81.25 --- --- 35.81 78.82 ----------------------------------------------------------------------- P-Com Inc. (PCMS) Stock 12.625 13.00 -2.9% 4.25% nts due '02 36.417 Bond 82.50 --- --- 36.52 79.44 ----------------------------------------------------------------------- CNF Transportation Corp. (CNF) Stock 42.125 43.125 -2.3% $2.50 pfd. 1.25 Stock 63.00 64.50 -2.3% 10.34 19.64 ----------------------------------------------------------------------- Analog Devices Inc. (ADI) Stock 22.9375 24.0625 -4.7% 3.5% nts due '00 35.821 Bond 122.00 127.00 -3.9% 39.84 48.48 ----------------------------------------------------------------------- Composite convertible securities price indications are compiled from various market sources, some of whom may make a market in or have financial interest in the issues for which prices are provided. PRICES ARE INDICATIVE ONLY. The information contained herein does not represent a solicitation to sell or buy the underlying issues. FFI shall not be held liable for any reason for any errors or omissions, delays or inaccuracies in the indications or any decision made in reliance upon the indications. FFI shall not be liable to any person for any loss of business revenues or lost profits or for any indirect, special, consequential or exemplary damages whatsoever, whether in contract, tort or otherwise, arising in connection with the indications, even if FFI has been advised of the possibility of such damages. FFI makes no warranty whatsoever, express or implied, including specifically any warranty of merchantability or fitness for a particular purpose with respect to the indications and specifically disclaims any such warranty. (END) FEDERAL FILINGS-DOW JONES NEWS 06-12-98