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Grimes

06/09/04 9:45 PM

#37691 RE: yourbankruptcy #37685

YB I think (hope) they are more likely to use available funds to design, build and sell their products - ie to finance growth of their business. If they deliver on the opportunity and promise that appears to be theirs (ours) for the taking the shorts will be in a world of hurt.

Your idea is nontheless interesting. The message to 'the market' they would send buying their bonds or stock could be quite dramatic, particularly if it coincided with a big earnings/free cash flow jump. This would be particlularly bold as they have a $2.5 Billion capital project underway.

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jhalada

06/10/04 11:15 AM

#37744 RE: yourbankruptcy #37685

yb,

I wonder if AMD is buying back any convertibles?

Buying back convertible (if it is very likely to convert) is the same as buying back the stock.

Joe