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

To: Lev Belov who wrote (41823)	12/9/1997 2:24:00 PM
From: Dchapman	Read Replies (1) \| Respond to of 186894

Down we go... I wonder if we will break down.. I guess we can pray for those who bought calls. Dan

To: Lev Belov who wrote (41823)	12/9/1997 6:46:00 PM
From: Resry	Respond to of 186894

I have been involved in import and export, although not in tech. Normally, if a product is shipped from the US to another country, it is paid for via Letter of Credit or some other form of documentary method that is dollar denominated. If INTC or any other company has a factory in Thailand, and ships to Thai OEMs, chances are it is in local currency, but also with local costs. I would also guess that if that Thai factory shipped to another country, it would be 4 denominated. Only my opinion.