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Technology Stocks : Disk Drive Sector Discussion Forum
WDC 150.99+8.6%Nov 24 3:59 PM EST

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To: Gus who wrote (2827)3/16/1998 3:20:00 PM
From: Mark Oliver  Read Replies (3) of 9256
 
The Thai Baht seems to has regained ground since it's worst points. Today, it's trading about 40 to the US dollar. I wonder if this will be favorable to SEG? There was a time when SEG was setting aside money to cover currency losses on futures for the Thai Baht. Of course, on the opposite side, they will have to pay more for labor but with margins as bad as they are, a few million saved on the currency losses could be very welcome.

Regards,

Mark
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