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Technology Stocks : LAST MILE TECHNOLOGIES - Let's Discuss Them Here
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To: MikeM54321 who wrote (8944)10/19/2000 2:52:28 PM
From: Archie Meeties  Read Replies (2) of 12823
 
Mike,

If Nokia was a US company and 50% of their income was from Europe things would not be so rosy. If the euro hadn't devalued over 10% from last years level, diluted eps would have been more in the neighborhood of .16-.17. (Using 20% income in dollars and a 10% weaker euro vs last year. It's been a bit more, much to my chagrin.)

They may employ some razor sharp currency traders which can mitigate against the possibility of some reversal of fortune of these currencies. If so, I know some US based multinationals who could use their help. -g-
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