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To: panthornet who wrote (17202)	10/25/2004 11:44:44 AM
From: TheBusDriver	Respond to of 312318

It goes down <ng> a bozo answer<g>

To: panthornet who wrote (17202)	10/25/2004 12:20:26 PM
From: Cogito Ergo Sum	Read Replies (1) \| Respond to of 312318

Well bozo to bozo... It's not that cut and dry... If it stays steady (or goes up) in Loonies it 'should' appreciate or at least preserve your capital in US terms... I imagine it depends on the business... I think O&G maintain value or even appreciate as the underlying commodity is appreciating.. if a Canadian Company goes down 1% but the loonie goes up 1% I gain nothing in stock value ... I lose 1% (although my money buys more Walmart junk now :o) If the same thing happened to you I think you break even... Shouldn't really matter if it dual listed... not talking about Canadian companies listed only on US exchanges though although if all their income is in Canadian why should they go down... ? Otherwise there is going to be a currency arbitrage play on the dual listeds ...no ? A Canadian bozo... Anyone else feel free to chime in... PS I've lots of American O&G still...