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To: Gnarly who wrote (4545)1/17/1998 2:48:00 PM
From: Arthur Radley  Read Replies (1) | Respond to of 7841
 
Gnarly,
That was one of the points made in the Barron's article by the anaylst that was recommending SEG. He pointed out that with a major portion of their mfg. in the SEAsia area that it should have a major impact on their profits in the future.



To: Gnarly who wrote (4545)1/18/1998 9:23:00 AM
From: Stitch  Respond to of 7841
 
Gnarly,
And think how less painfully they would be doing if they hadn't bet a stupid currency hedge at exactly the wrong moment. About $60M of the 300+ they have warned they will have to write off. Might be bigger then that by Tuesday.
Best,
Stitch


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