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Politics : Idea Of The Day
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To: Judy who wrote (13549)11/5/1997 4:35:00 AM
From: Raj  Read Replies (1) of 50167
 
Hi Judy,

This Kramer guy was on CNBC last night talking down Intel and
othe semi equipment manufacturers.....the standard argument: weakness in far-east economy/currency. I am not an expert in
this area, but it seems to me that most fabs in that region are owned by the like of Intel, Motorolla, NEC, LG etc.....who should be either hedged or not-making-decisions based on local currencies. Is this incorrect?

Cheers
Raj
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