HIGH ASIAN EXPOSURE: Now that the Wall Street mainstream considers the Asia situation a major problem , maybe the clearing out of some of the deadweight in tech may now truly get underway. So, for those of you looking to short the s@!^ out stocks with
high exposure to Asia, here is a list of companies that derive a large percentage of their revenues and operating profits from the region, as published
recently in Barron's. The list is in order of largest percentage of revenues derived from Asia: Aflac (AFL) 84% (revenues), 91% (op. profits); Applied
Materials (AMAT) 53%, 57%; KLA-Tencor (KLAC) 57%, 61%; Ericsson (ERICY) 45%, 49%; Gucci (GUC) 43%, 44%; Atmel Corp. (ATML) 41%,
41%; Union Texas Petroleum (UTH) 40%; 56%; American Int'l Group (AIG) 38%, 38%; National Semiconductor (NSM) 34%, 34%; Intel Corp.
(INTC) 30%, 11%; Reading & Bates (RB) 29%;, 30%; Ascend Communications (ASND) 28%, 28%; Motorola (MOT) 28%, 28%; Lattice
Semiconductor (LSCC) 26%, 26%; Boeing (BA) 25%, 25%; LSI Logic (LSI) 25%, 25%.
Good shorting!
Stefan |
