Apple Inc. Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Apple Inc.

AAPL 273.40

-0.1%

Dec 26 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Moominoid who wrote (12535)	5/3/1998 9:27:00 AM
From: Phillip C. Lee	Read Replies (2) of 213177

<<Using monthly data for Dec96 to Apr98 the correlation between rates of return in Australian Dollar terms (note strongly correlated with the Yen) for Apple Computer stock and US dollar deposits is -.64. i.e. If the US dollar goes up returns on Apple's stock decline. >> The general rule for stock's daily trend is: when the US dollar was firm and strong, the overall market went higher. The interest rate in US will go lower and foreigners tend to buy more US currency and stocks. The overseas market share in Australia is trivial compared to Japn, China/Taiwan/Hong Kong/Singapore, and Europe. The influence seems insignificant. I'll look Apple's overseas sales from Japan's new fiscal year starting from 4/1 as well as Chinese group buying power in Asia, and Euorpe's strong economic booming in '98. All indicate it's going to have excellent sales in those major areas. Phil

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next