InvestorsHub Logo
Followers 1061
Posts 44342
Boards Moderated 3
Alias Born 07/07/2002

Re: basserdan post# 185192

Tuesday, 12/23/2003 1:32:38 PM

Tuesday, December 23, 2003 1:32:38 PM

Post# of 704019
The real question is how far does the dollar goes? It surely has declined by quite a lot (about 20% or so from the peak, much more against the Euro), I just don't see it going much above $1.50 to the Euro. The yen maybe just an iota under the buck for the yen (let say $.95, though few years back the yen got all the way to 80 yen to the dollar). Repatriation of profits, is probably a much smaller impact than other drives (such as foreign account deficits running above $500 B annually). OVTI went for the half bucker at $54.56.

In edit, added CCMP at $48.95 and CYMI at $44.40.


AZH

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.