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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Gary105 who wrote (49782)12/27/2000 4:50:36 PM
From: Haim R. Branisteanu  Read Replies (3) | Respond to of 94695
 
It just crossed my mind that a lower dollar will be profitable for US internationals and more specific Hi TEch companies.

At lower costs more markets will open up. Just think of China India and Indonesia about 1/2 of the global population without a cell phone, computer or even a TV.

All what WS was abuzz about a year ago may start trickling down with lower oil prices and lower dollar.

For those countries the oil is now 40% cheaper in their own currency!!!!! Dollar down 7% and energy prices down 32% from their peak.

So at those prices may be it is about time to get bullish on High Tech again.

BWDIK
Haim