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Technology Stocks : copper mountain CMTN -- Ignore unavailable to you. Want to Upgrade?

To: Rarebird who wrote (863)	9/18/2000 11:38:40 AM
From: JRI	Read Replies (2) \| Respond to of 1226

Why should the Naz weaken (because of a weak Euro?) Stronger dollar attracts investment from European investors, and they have been a big driver of Nasdaq rally the since the Euro debut.. Elasticity of demand for technology companies' products (based on Euro) is less than consumer products.......a weak Euro is not going to factor into a European company's decision "Should I buy EMC's products? Should I buy Cisco's routers?".........almost all large multi's hedge anyway...The Euro is down from $1.19 in the last year and a half, and I don't remember ANY top tech company (besides IBM...they don't count <G>) claiming weak Euro hurting earnings...another 5-10% is going to make a difference? Re: Euro....Don't get your argument there...(Not talking about you here, but) I think "market analysts" (not necessarily logical) are just looking for reasons to be negative right now..