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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (33540)5/12/2003 3:17:43 AM
From: energyplay  Read Replies (3) | Respond to of 74559
 
Hi Jay -

Speaking of already in the cards, the dollar has dropped vs. the Euro , now at $1.15, about where the Euro started.

Who benefits ? and who benefits most ?

A company selling in Europe, such as a US drug comapny will do well.

A company wtih lots of debt in USD and assets in EUR, especially one that has profit compression, may do great.

I am looking for those.

ERF - bet if you compare reserve numbers year to year and subtract production from year 1, you will also see more 'reserves' appearing....