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Technology Stocks : Intel Corporation (INTC)
INTC 47.10-4.4%12:47 PM EST

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To: Yaacov who wrote (14757)3/19/1997 5:38:00 PM
From: Peter Mills   of 186894
 
Hi Yaacov, re " we pay for Oil in US Dollar"

The same goes for Intel chips sold around the world. Prices are quoted and payment made in US dollars. Intel's selling prices are unaffected by currency fluctuations. Source of info is John Hull, Intel Investor Relations. He posted this on this thread last year. Look it up if you want. I started reading the thread in Febrauary 1996 so I'm sure it's some time after that.

Hope this helps.
Peter

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