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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: aktony who wrote (24145)	12/24/2002 1:09:59 PM
From: Jim Willie CB	Respond to of 36161

you may be right about multinationals, forgot them, but... I believe that argument is way overrated it surely counts for something but the bottom line is final earnings per share in US$ terms so you are concerned about an accounting "packaging" their local taxes and payroll costs are offset by the revenues received in domestic currency but exports to the USA become MORE expensive, not less maybe you mean imports from USA that one is empty, since we dont export doodly squat / jim