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To: rupert1 who wrote (35224)10/22/1998 3:42:00 PM
From: Roads End  Read Replies (2) | Respond to of 97611
 
vepoc...It seems to me an analyst uses the weak dollar/strong dollar argument to justify any position he chooses to make. eg strong dollar=cheaper components / weak dollar=less expensive exports. BTW, how much time difference is there between NY and where you are?
Steve



To: rupert1 who wrote (35224)10/22/1998 4:30:00 PM
From: JDN  Respond to of 97611
 
Dear Vepoc: His comments about goods made overseas cheaper if US $$ is weaker makes no sense to me. I believe what he meant to say is that goods made overseas and sold overseas do not result in the profits from those sales being reduced due to strong US $$ when they are converted to $$$$$$ for the financial statements. JDN


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