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Technology Stocks : Intel Corporation (INTC)
INTC 35.94-5.1%Nov 13 3:59 PM EST

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To: Paul Fiondella who wrote (41779)12/9/1997 7:54:00 AM
From: Road Walker  Read Replies (3) of 186894
 
Paul, re: Oracle>> "It is then stuck with "profits" denominated in depreciating currencies and loses $.10 a share in revenue as a result (of currency transactions).

You think Intel is immune to this!!!!"

Intel does almost all of it's business in US currency, the remander is very conservatively leveraged. Source for this information is previous posts from John Hull on this thread. Intel is vulnerable to a downturn in business in Asia but not to currency devaluation.

I don't usually respond to your narrow minded posts, but wanted to correct your mis-information for other readers of the thread.

John
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