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Politics : Formerly About Applied Materials

AMAT 301.11

+6.9%

Jan 9 9:30 AM EST

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To: Math Junkie who wrote (10432)	11/5/1997 8:17:00 PM
From: Terry Davis	Read Replies (2) of 70976

Thanks anyway. No matter how you slice it a weaker currency means more expensive imports. Relative currency valuation (i.e., foreign exchange)is a global economic reality. I don't think that Asian foundries discovered a loop hole. Even if they maintained $US deposits, they'd still be buying dollars with a weaker currency. Just curious, but still positive on AMAT. Cheers, Terry

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