SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?


To: Getch who wrote (103043)8/20/2001 12:12:11 PM
From: Jim Willie CB  Respond to of 152472
 
Euro likely to continue rising vs USdollar
JYen NOT likely to continue rising vs US$
I see JYen moving from 120 now to about 145-150
it will take several months
Japanese leaders are already attempting to debase yen now

as for QCOM, European sales will have favorable changing translations
but Asian sales will be translated against upstream translations

a great round of Asian currency devaluations will resemble the Meltdown in 1997-98

when the USDollar gets kicked down, all currencies temporarily benefit
but the Asian currencies will be decimated soon
very soon
/ jim