Advanced Micro Devices - Moderated (AMD) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Advanced Micro Devices - Moderated (AMD)

AMD 213.43

+6.2%

Dec 19 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jim McMannis who wrote (7635)	9/5/2000 4:42:12 PM
From: Joe NYC	Read Replies (1) of 275872

Jim, I think it's a wash at best because no one knows the euro vs dollar evaluation that far out... Heck, the Euro could recover well by then. When you are building a FAB, you are getting into a lot of contracts that have a fixed price and fixed payment schedule. If you don't want to gamble, you can hedge these contracts so that these contracts stay constant in dollar terms. There is a slight premium associated with hedging. If you are ok with some level of gambling, you can do nothing and hope that Euro either stays where it is, declines further or if it goes up, it doesn't shot up to the level where Euro was introduced (or higher), because that would mean 20% premium on locally supplied content over what it can be bought now. Joe

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next