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Strategies & Market Trends : Tom Dorsey Q&A
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To: Ms. X who wrote (43)3/6/1998 10:36:00 PM
From: Sergio H   of 102
 
Jan - perhaps Mr. Dorsey can help up out on our joint project. I would be interested in his opinion on the Eurodollar and Y2K software sectors. Particularly interested in the Eurodollar issue.

For those that may not be aware as to what the issue is:

Beginning next year, the European Common Market will begin trading among themselves using a common currency while continuing to maintain a local currency. Companies will keep books using both currencies. Complications will arise in doing international business as companies will need to convert their local currencies to the Euro dollar and to the foreign currency. The problem is reported to be more complicated than the Y2K problem and therefore much more lucrative.

Thanks Jan.

Sergio
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