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Technology Stocks : Intel Corporation (INTC)
INTC 35.53-1.1%Nov 14 9:30 AM EST
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To: Paul Fiondella who wrote (41847)12/9/1997 11:43:00 PM
From: exhon2004  Read Replies (1) of 186894
 
Paul:

re <<If Intel prices in dollars and accepts payment in local currency then it has to decide, when that local currency depreciates, whether to decrease the price of its goods in dollars or accept lower sales that come from the currency driven price increases. As you can see, everyone figured this out today on the Street.>>

I would have thought John Hull's response would have put this to rest.

Message 2916858

No one can say you aren't persistent.
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