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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Lucretius who wrote (36745)	11/18/1998 12:57:00 PM
From: yard_man	Respond to of 132070

A temporary drop, all other things equal, will give a boost to profits of the internationals here on the volumes sold (declining or not). Who pays attention to revenue growth (erosion) -- it's just whether or not you make the magic earnings number, right (after any number of one time charges)? I guess the catch is in that phrase -- all other things being equal. After some time these other countries may take various protective actions. But I do wonder, like you, if we haven't reached exhaustion in the stock market. Pretty tepid response to the cut, excepting the internuts?