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Technology Stocks : Disk Drive Sector Discussion Forum
WDC 279.69+10.7%3:59 PM EST
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To: Gus who wrote (2190)1/12/1998 8:00:00 AM
From: tom pope  Read Replies (1) of 9256
 
>>What's going on at Fujitsu?<<

Not to beat a dead horse, but the yen is cheaper by over 15% in the past six months. Don't know the relative importance of the yen vs the $ in Fujitsu's cost mix, but it's got to be higher than for its U.S. competitors.

Devaluation does work, on a short term basis.
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