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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Sergio H who wrote (8330)	9/2/1998 11:53:00 PM
From: Razorbak	Read Replies (2) \| Respond to of 29382

Source Media (SRCM) Sergio: Read this. Study it. Mark it down on your calendar. Then revisit the issue in 3 months, 6 months, 12 months, etc. Message 5570977 The Titanic has already hit the iceberg, but the captain and crew are still not convinced that she's going down. Rest assured, this one's a road kill. Razor

To: Sergio H who wrote (8330)	9/3/1998 6:07:00 AM
From: Ditchdigger	Read Replies (2) \| Respond to of 29382

Sergio, I never really thought much about the value of our almighty buck, a dollar was always worth a dollar.But as near as a few hundred miles away in Canada, it is a real issue(as you know<g>). When was the last time you read in the Hartford Courant,,,"a dollar is no longer worth a dollar"<g>... I use to live in Myrtle Beach, and once a year the City celebrated Can-Am days. Approximately 200,000 Canadian tourists visited for a couple of weeks at the same time each year(Spring).After reading more(and more) about the currency problems of our neighbors,one can put in perspective what a global market is(in very simple terms,that I can understand<vbg>)--many will not be able to afford the trip due to conversion rates,it will hit M.B. right in the revenues. Here is a very good article describing some of the impact of the sliding(but recovering smartly since the rate hike)Canadian dollar to Canadian citizens. www2.thestar.com Also interesting to note,and I think I mentioned it once before is the impact of the low dollar on many Canadian companies(such as you know who),the result is increased revenues from conversion of US earned dollars back to Canadian dollars-more bang for the buck.. For many of these Canadian companies(not you know who,well maybe in the SeaDoo/SkiDoo div.) any decreasing revenues can be offset by the conversion ratio(if revenue is derived outside Canada),hence,revenues could be sliding,yet it appears that they are holding or even gaining. Sorry,hope no one is getting bored with my Canadian ramblings-thinking out load...;^)DD (and bored on the "bench"<g>-already<lol>) PS: on that note,the US dollar appears to be continuing to slip-which,IMO is a very good thing as Martha would say..as I said it may sting a bit,but in the longer run,IMO it will help stabilize the global economy...which will help all markets--now for commodities..........speaking of valuable commodities,it's off to the woodpile for me<ROFL!>,latter