Replies to post #37747 on Advanced Micro Devices Inc (AMD)

[jhalada]

darbes,

Not exactly. It removes real interest costs.

True, interest between the stock purchase and likely conversion date.

Joe

[buck wheat]

I have to agree with both of you. It reduces fixed cost (LT interest expense) and has the added feature of reducing outstanding stock (diluted calculation). In other words, two giant steps in the right direction.

Buck