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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (38951)	8/24/2010 9:44:46 PM
From: Spekulatius	Read Replies (1) \| Respond to of 78464

re STO - >>STO. Yes, just read a money manager who also said one of the reasons he liked STO was because it and Norway weren't on a Eurodollar.<< Nonsense - they sell their product for the same price than the other producers and do so in US$. If their local currency (Krona) is overvalued it means their overhead cost (which are incurred at local currencies) are higher than those of competitors that are headquartered in countries with weaker currencies.