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


To: TGPTNDR who wrote (40464)10/30/1998 5:10:00 PM
From: Ed Sammons  Read Replies (1) | Respond to of 1573924
 
Very nice nice action today. Volume 5x recent average and closed only 1/4 off the day's high. I almost hate the weekend's trading lull. Let's hope the k6-2 400MHz is announced Monday and starts the ball rolling again.

Anyone know who was buying the 200-500K blocks?



To: TGPTNDR who wrote (40464)10/30/1998 6:30:00 PM
From: Paul Engel  Read Replies (1) | Respond to of 1573924
 
Pretender - Re: " Last time I looked, AMD was up ~13% on the day, & intc was down .5% on the day - I'll take that return, every day I can get it! "

You got it one day.

HA HA HA HAHA HAH !

Paul



To: TGPTNDR who wrote (40464)11/1/1998 6:52:00 AM
From: TGPTNDR  Respond to of 1573924
 
AMD Bonds seen as alternative to common stock.

interactive.wsj.com

Also This weeks Barrons MW5 col. 1, last 3 paragraphs.

While the stock market has surged lately, the strength hasn't been fully reflected in the convertible market, which is still feeling the effects of liquidations by hedge funds and arbitrageurs, who controlled an estimated 50% of the $100 billion market this summer.

That spells opportunity, according to Neil Feinberg, a convertible portfolio manager at Mackay Shields. He says some convertibles now offer a solid alternative to common stocks, plus high yields.

Feinberg is partial to Advanced Micro Devices' 6% convertible bonds due in 2005 that trade for 84, providing a yield of 9.3%, not much less than the company's noncovertible bonds. The chipmaker's stock has rallied lately on hopes for an improving PC market. Feinberg is also partial to Mascotech's 4 1/2 s of 03, which trade for 80, yielding 9.5%.

Quoted with permission of wsj interactive

tgptndr