Semi-Equips - Buy when BLOOD is running in the streets! Message Board

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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!

LRCX 150.00

+4.7%

3:48 PM EST

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To: Jess Beltz who wrote (5786)	6/10/1998 6:39:00 PM
From: FJB	Read Replies (2) of 10921

Hi Jess, RE: Much of the debt of corporations in this part of the world is owed to foreign banks, many in HK and Japan as well as the West. The repayment obligations of those firms is denominated in US dollars, forcing the exchange rate risk off on to the borrowers. I don't understand this point well. Japanese loans to nations in SEA are denominated in $? What's the reasoning behind doing that? TIA for any help, Bob

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