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Non-Tech : Atlas Air

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To: john schloegel who wrote (94)9/14/1997 11:27:00 AM
From: Doug Coughlan   of 182
 
Would anyone care to care to take an educated guess as to ATLS exposure to the currency fluctuations that are occurring in the far east. They certainly do the majority of their business there. I couldn't glean anything from the last 10Q as to currency risk one way or the other. Most multinational corporations reportedly hedge against currency fluctuations but somehow manage to get whacked when things go against them. Since the stock price has been easing off in the last couple of days I'm wondering if this is beginning to be factored in.
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