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Technology Stocks : Intel Corporation (INTC)
INTC 48.76+10.9%Jan 28 3:59 PM EST
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To: mauser96 who wrote (7933)1/12/1997 4:21:00 PM
From: Shafiq Ebrahim   of 186894
 
Lucius, Re: Currency Exposure,

Even if foreigners have to pay U.S. dollars for Intel microprocessors, an appreciation of the U.S. dollar relative to other Asian currencies will mean that foreigners have to pay more for the chips in terms of local currencies, and this would hurt demand. Still, I don't think that Intel will suffer too much as the Asian economies are presently growing quite rapidly.

Shafiq.
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