Wednesday, January 12, 2005 5:01:40 PM
And all they have to do is put out another $200M or so in convertible bonds set for maturity in some far off date like 2020
Absolutely, why else would self-interested likes of Joe Osha and Merril Lynch sing the praises of this sick puppy.
"We continue to believe AMD is better positioned than its competitor in 2005," wrote Osha.
Osha, who doesn't own shares of AMD, reiterated his "buy" rating on the stock.
Merrill Lynch intends to seek an investment-banking relationship with the company.
http://biz.yahoo.com/ap/050111/amd_stock_6.html
IMHO
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