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To: engineer who wrote (84905)10/26/2000 2:03:48 PM
From: GO*QCOM  Read Replies (1) | Respond to of 152472
 
"Hey, if you really look at it, the euros have shot themselves in teh foot."yeah!or the tech foot:-D



To: engineer who wrote (84905)10/26/2000 2:35:29 PM
From: Rajala  Read Replies (2) | Respond to of 152472
 
>Hey, if you really look at it, the euros have shot >themselves in teh foot. People in euro are delaying the
>new GSM rollouts

Thank you engineer for the deep cutting analysis of the European situation. I can see you have widely travelled or at least seen some travel programs.

Euros (the currency) have indeed decreased in value. There are two implications here: valuation of the companies may not be as high as otherwise, and the competitiveness of them has increased. We are talking about gaining 25% cost advantage doing nothing more than scratching their bottoms.

- rajala