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Strategies & Market Trends : Value Investing

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To: Madharry who wrote (10104)	3/4/2000 6:18:00 PM
From: Butch4327	of 78652

Armin . . . if a company is so reliant on revenue in fx, they should have purchased futures on the currency to lock in a particular rate and rid themselves of the risk. It's common practice, but I know some companies got burned during all the Asian currency devaluations a few years back since they didn't bother to take lock in their exchange rate. ~Luc

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