Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 48.26

-0.7%

Feb 5 3:59 PM EST

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To: Sophia Ashley who wrote (14744)	3/19/1997 3:27:00 PM
From: Yaacov	of 186894

Sofia, You must be among very few people concerned about the interst rates. 99 percent of soft and hardware sold in Europe are American made, there is no such thing as European high tech, nor Japanese!! When the rates increase,Euroepan currencies are sold out in favor of dollar. Today Deutch Mark rates are about 4%, and falling. The same goes for the rest. With strong dollar, US exports are hurt, and earnings are lower. You have people who get lost on superficial talk about threat from Japanse and Samoans chip makers, blaming the decline in INTC share prices on this or that. The market got bloodied today becasue of fear of rates, and then for any other factors. Now companies like KO will not have their earnings hurt becasue the manufactuer locally,world wide. INTC do not. They have to export!! Yaacov

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