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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Archie Meeties who wrote (46176)12/11/2000 2:36:10 PM
From: GraceZ  Read Replies (1) of 436258
 
You forgot one important element and that is one of the reasons that corporate profits were down sharply is because of the strong dollar and or weak worldwide currencies. It would be good for the US multi-nationals for the dollar to back off and the Euro to firm up. Many corporations would have had earnings that were up in Europe except they got screwed on the conversion.
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