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To: Les H who wrote (173028)6/15/2002 6:32:11 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 436258
 
Less I intended to say that there will be Indian companies who will also compete in the Hi Tech field manned by people who worked in the US in the hey day of the internet. There are thousand upon thousand of Indian citizens who worked in the US under H1 visa in that industry and now they are without a job and needed to return back to India



To: Les H who wrote (173028)6/15/2002 9:27:43 PM
From: Les H  Read Replies (1) | Respond to of 436258
 
Multinationals aren't liking the cheap dollar

quote.yahoo.com^NFT&d=t

They closed below the September 21 close, and broke the September 21 intraday low. Before the benefits of the lower dollar kick in, they'll have to guide their revenues and earnings lower to account for the lower conversion rate. Perhaps they'll classify currency conversion as a one-time event to be explained outside of pro forma revenues.


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