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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion
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To: paul e thomas who wrote (8576)12/29/1997 8:34:00 PM
From: Jeffrey S. Mitchell  Read Replies (2) of 13949
 
Paul, have you noticed that the Indian Rupee has lost almost 10% of its value over the last few months? Do you think this might have any impact on IMRS or SYNT's earnings this quarter? I presume the contracts are for US dollars, so revenue should not be affected, but expenses should increase as it will take more dollars to cover salaries etc.

- Jeff

P.S. As for not taking TED seriously, were you serious?
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