Will Yuan re-valuation make products from China less appealing? (BRCM 2Q05 conf call)

by: Ezra Marbach

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.)

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