--- AC5E@aol.com wrote:
> Well, before anyone gets too exercised about Japan
> Inc cutting prices, this
> morning's exchange rate was just over 116 yen to the
> buck. That compares to
> 137 just last fall.
I noticed that too this morning, it will be
interesting to see if the current big price incentives
on the imported radios will soon evaporate, if they
don't then one must wonder if there is a distributor
pipeline full of unsold gear that has to be moved out
to try and manage inventory costs. Either way a
sustained shift in the exchange rate that is
unfavorable to the Yen will hurt them.
....
> But if the exchange rate continues to drop it's a
> major disaster for
> YaeComWood because it reduces their sales, and gives
> American companies a
> chance to enter the market.
And/or we'll see what saw in the mid 90's where the
imported gear prices steadily rose while each newer
model that was introduced was a lesser value than the
model it replaced.
Duane
N9DG
__________________________________________________
Do you Yahoo!?
Yahoo! Tax Center - forms, calculators, tips, more
http://taxes.yahoo.com/
|