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Politics : Formerly About Applied Materials
AMAT 265.39+4.2%Dec 2 3:59 PM EST

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To: Cary Salsberg who wrote (9286)10/23/1997 8:38:00 PM
From: Darin  Read Replies (1) of 70976
 
As far as the currency "crisis" goes, a was under the impression that most large companies nowadays that generate alot of their revenue or buy alot of their equipment overseas hedge against currency risks by participating in currency futures markets? Ie, I recall a while back that there was some concern over one of IBM's quarters and how the strong dollar would affect them... in the end they were relatively unaffected since they had hedged against foreign currency crises...
Whether or not a Taiwan Semiconductor or the likes also does this is unclear to me.

Just some thoughts,

Darin
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