Silicon Investor (SI) -- The First Internet Community

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 : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: edamo who wrote (145237)	10/19/1999 7:02:00 PM
From: lin luo	Read Replies (1) \| Respond to of 176387

edamo, --OT--- Regarding the currency hedge. It is conceptually clear but actually very complex procedure. I don't know how many people can do it on the other side of the ocean. I have met the top traders in Mainland China before. I once tried to help a transaction for a huge China oil company in the swap market. It was a 1500 contracts crude optionswap with Merrill. The guy @ Merrill could not do it and the deal went somewhere else. And the guy @ Merrill was fired. I met almost all the top Chinese traders during 1994 time period. At least at that time I don't think anyone good at these derivatives. I don't know anything about Taiwan. Maybe there are some good ones, but I doubt it. You may have totally different experience than I have. But in general even those hedges can be done, it eventually will turn into gambling.

To: edamo who wrote (145237)	10/19/1999 8:11:00 PM
From: Lee	Read Replies (1) \| Respond to of 176387

Edamo,.>Re:.there is more loyalty and honor in asian business then one tends to perceive You are probably correct and I shouldn't have alluded to anything that can't be proved. But in my very limited experience, some transactions appeared to be questionable.<g> Otherwise, personal experience in dealing, at my level, with Taiwanese engineers was very good and very professional. Just don't know about the controllers though! <gg> As far as I know, most multinational companies have hedging practices in place, but am amazed still when I hear companies like MMM and others complaining that earnings were hurt because of the strong dollar for several quarters running. <g> Regards, Lee