Here are key quotes from Broadcom (ticker: BRCM) CFO William Ruehle during yesterday's Q2 2005 earnings results conference call:
....That news is so new and, to date, everything that we have purchased and sold has been denominated in dollars. So there will not be an immediate, direct impact. Only time will tell over a period of time as to whether or not that will make goods from China generally more or less desirable.
(Quotes are from the CCBN StreetEvents transcript.)
Not subscribed to The China Stock Blog? You can get updated headlines for free by adding The China Stock Blog to your My Yahoo page. Just log into your My Yahoo
page, then go to The China Stock Blog and click on the "+ My Yahoo"
button on the top right of your screen. You can do the same for other sites, such as The Internet Stock Blog, ETF Investor, and Sound Money Tips.