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Technology Stocks : Rockwell on the prowl? -- Ignore unavailable to you. Want to Upgrade?


To: Daniel G. DeBusschere who wrote (120)6/28/1998 11:27:00 AM
From: go4it  Read Replies (2) | Respond to of 152
 
Daniel,

To my knowledge, no corporate direction has been changed. Alot of the difficulties the company faces IMO is shared by all international companies that are doing business and/or trying to expand business across Asia. If you look across these companies you should see similar cuts in earnings and once the IMF is successful in supporting the yen or the Euro is successful in taking a bite out of the dollar I would expect similar forcasts for the multi-nationals. Once the dollar turns lower I would expect the see a resurgence in profits. I would look for the company to be over sold which it almost is now IMO and pick up more.