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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Amy J who wrote (181382)	5/28/2005 8:49:24 AM
From: Road Walker	Respond to of 186894

re: By the way, it'll cost Intel a lot more to make things in China after a currency adjustment. I don't think that's going to help the semiconductor companies at all - their labor will go up, while their US Consumer revenue will be impacted. (And if US consumers are buying less imports from China, that'll mean China's consumers may be buying less too.) Amy, I may be wrong but I think the as far as Intel is concerned that China is a net importer of their products. As such, if Chinas currency becomes more valuable vs. the US, it should help Intel's profits. As for the rest of your post, we pretty much agree. And if a floating Yuan creates un unwinding of the trade imbalances, as GV suggested it might, then we're looking at a global recession, and the currency thing gets trumped by the slowdown. John