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Technology Stocks : DOCS - A TURNAROUND PLAY -- Ignore unavailable to you. Want to Upgrade?

To: David LaSalle who wrote (536)8/1/1998 7:17:00 AM
From: SlyWombat  Respond to of 1156
 
> I was reading in the newspaper that the "loonie" (aka the canadian
> dollar) has hit a 140 year low against the USD. It closed at only
> USD$0.665 per canadian dollar.

This is a great thing for Canadian companies, it means that their
core costs are now 7% less than any US company. Reporting requirements
force a company to use the end of month exchange rate for each month's
earnings. The recent drop should not effect last quarters numbers.


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