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To: zbyslaw owczarczyk who wrote (16562)1/14/2001 9:51:10 AM
From: Ibexx  Read Replies (1) | Respond to of 24042
 
Barron's has an article about the currency effect on US international companies. Among the marque names, INTC, EMC, IBM were cited as the high tech examples, each having an exposure to European market in the order of 27%.

When (and if) the high tech generals report positive earnings surprises due to the more favorable currency conversion, the entire NAZ market could be lifted to a higher tide.

Conversely, European companies such as Nokia, Ericy and Swiss pharmas could suffer an adverse effect.

Ibexx