Intel Corp (INTC)

[tecate]

http://www.forbes.com/2005/12/13/intel-earnings-chips-1213markets13.html?partner=yahootix

Well Dan while you live in your wishland :) here's what professionals think and I quote:

"We believe Intel is capitalizing on a relatively low-cost debt market and expect the transaction to be non-dilutive post share repurchases," said the analyst. "The convert offering provides Intel a small but cheap cash cushion."

I hope you are not a barometer for AMD, cause they are in trouble then :)