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Technology Stocks : Compaq
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To: Bosco who wrote (87607)12/7/2000 2:24:42 PM
From: Piotr Koziol  Read Replies (1) of 97611
 
Bosco,

Btw, CPQ has initiated a hedging program on Euro.
So, I think people should not expect too much from the recent strength of the Euro


Isn't the hedging of euro just an OPTION to buy $$ at a
fixed conversion price not higher than the contracted one?

So if euro strengthens this INSURANCE will not be needed
and there will be MORE money made with higher euro???

Somebody here please shed more LIGHT ...

/Piotr
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