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Technology Stocks : Semi Equipment Analysis
SOXX 309.40+1.0%4:00 PM EST

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To: StanX Long who wrote (6378)10/22/2002 3:17:46 AM
From: StanX Long  Read Replies (1) of 95526
 
"OT" somewhat, but this can't be good, Stan.

Dollar may fall 15-20% vs euro, yen-Morgan's Roach


Tuesday October 22, 2:20 PM

sg.biz.yahoo.com

TOKYO, Oct 22 (Reuters) - The dollar could fall more than 15-20 percent in the next two years against the euro and the yen, Morgan Stanley's chief economist Stephen Roach said on Tuesday.

The fall could be caused by a combination of adjusting the U.S. external deficit, a change in the U.S. government's "strong dollar" policy, and the effects of China pegging its currency to the dollar, he told an investment seminar in Tokyo
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