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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Paul Engel who wrote (34538)7/16/1998 3:05:00 PM
From: Petz  Read Replies (1) | Respond to of 1572098
 
Paul, re: downgrade in AMD bonds. You might have noticed that the reaction to the downgrade was POSITIVE. Everyone knew the bonds would be downgraded, the question is, my how much. The fact that the downgrade was NOT to "C" status is probably what caused the positive reaction. Also, AMD bonds are no longer on "rating watch," which means they are not looking to lower them again. :-)

Petz