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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: LLCF who wrote (27213)1/26/2003 3:44:35 AM
From: Maurice Winn  Read Replies (1) of 74559
 
It's not 6 months, but the 20c move from the Y2K low of 39c to the NZ$ to the current 54c to the NZ$ is a 50% move from 39c.

That's a big move in anyone's book. Whether it's 6 months or two years doesn't make a big difference.

The point is that somebody earning NZ$10 an hour has had a 50% pay increase over 2 years. That's not bad going. It makes cdma2000 phones more affordable. It'll boost QUALCOMM sales.

Mqurice
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