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Technology Stocks : INTEL TRADER
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To: smolejv@gmx.net who wrote (1691)1/6/1998 2:54:00 PM
From: Paul Corbett  Read Replies (1) of 11051
 
Probably the US currency is being bought up by Asian companies to hedge against further falls in their own. Traders of course have a demand for the currency and will hold as much $US cash as they can.As more cash comes into the US rates go down. This money will probably not flow through to equities and be held as cash.

The danger for US companies is a flood of cheap Asian cars,tv sets, etc. watch out gm
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