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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: rudedog who wrote (111063)	9/24/2000 5:48:26 AM
From: maceng2	Read Replies (1) \| Respond to of 186894

what I'm saying is that Intel sells their products in dollars, even in Europe. The profits from European sales are in dollars, not Euros, Yes but, for example, Intel does have plants in Ireland. The manufacturing costs are therefore effected by the exchange rate of the Irish pound. Over the short term I believe most companies have a set amount of money just to cover currency variation. It does effect matters over the longer term. AMD has a plant in Dresden. Most of it's infrastructure can also be supported from within Europe. Therefore the weak euro would place AMD in an advantageous position in serving the European microprocessor market over the longer term. Just because of a weak euro... If this was a real reason why Intel sees "European weakness" then myself and many others would feel happier with an investment in Intel (IMHO). Even with the projected reduction in Intels revenue, it's still impressive. What annoys me the most is making a complicated matter out of a simple one. The press continually talking about the "end of the semi cycle" when I see no evidence of that, winds me up even more....sorry rant over...-g- I don't know what the papers in the USA are saying, but reading the FT yesterday the opinion seemed to be "we don't know what's going on". BTW for those looking for a good signal on "the end of the semiconductor cycle"...historically it always been when a whole load of companies publish big expansion news over a short period of time. You could have set your watch by it. pearly.