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Technology Stocks : IBM
IBM 290.35+0.6%12:46 PM EST
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To: Greg Jung who wrote (1923)11/28/1997 9:25:00 PM
From: art slott  Read Replies (1) of 8218
 
Greg I don't agree about hedging making one qtr. good one bad. Every qtr. this year has been effected by the rising $..Savings on the cost side have not kept up with the effects of foreign currency devaluation on the sales side.

Art
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