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Tuesday, 11/30/2004 7:50:58 AM

Tuesday, November 30, 2004 7:50:58 AM

Post# of 24710
A weaker dollar favors Qualcomm

http://www.thestreet.com/_yahoo/comment/aaronpressman/10196468_2.html

Dollar Defies Greenspan Fix

<<At the very least, a weaker dollar favors exporters such as technology and machinery manufacturers, respective examples being Qualcomm (QCOM:Nasdaq - commentary - research) and Deere (DE:NYSE - commentary - research). Raw materials producers such as Phelps Dodge (PD:NYSE - commentary - research) also get a boost as dollar-denominated commodities rise in price to offset the decline in the currency.>>



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