Trading in €uros ?
Hi, Just wondering. With the actual fall of the U$D, why not setting the Neo's prices in €uros ? (Which is actually pretty strong.) (or ¥ens, ...) This would imply a rising price (with time) for American customers instead of a falling one for European ones. Actually, the actual situation is good for me if the U$D continues to go down : my future Neo will cost less to me. :) Regards, OdyX, aka Didier Raboud ___ Openmoko community mailing list community@lists.openmoko.org http://lists.openmoko.org/mailman/listinfo/community
Re: Trading in €uros ?
Didier Raboud wrote: Hi, Just wondering. With the actual fall of the U$D, why not setting the Neo's prices in €uros ? (Which is actually pretty strong.) (or ¥ens, ...) This would imply a rising price (with time) for American customers instead of a falling one for European ones. Actually, the actual situation is good for me if the U$D continues to go down : my future Neo will cost less to me. :) Regards, OdyX, aka Didier Raboud Just to precise my thoughts... The idea is not to have a rise of the price for American customers, but to protect the value of the future Neo against a fall of the U$D. If the U$D continues to fall, the real income back to FIC will fall with time. FIC will then have to augment its prices which is not desirable... Well... I'm not that much in Finance, so don't give my thoughts too much value. Regards, Didier ___ Openmoko community mailing list community@lists.openmoko.org http://lists.openmoko.org/mailman/listinfo/community
Re: Trading in €uros ?
No matter how is the $, I think FIC is thinking in $, not un €, so if the $ falls, it's good for us, and nothing change for FIC regardly the $ previsions... I guess On Tue, Apr 15, 2008 at 4:29 PM, Kevin Dean [EMAIL PROTECTED] wrote: The figure in USD is as innacurate as anything else. You're not actually paying $399 USD, you're paying the number of New Taiwan Dollars that can be exchanged for $399 USD. Rebasing the price in ANY currency means absolutely nothing since (assuming you aren't paying exchange premiums) it's the same price. Of course, they could say 399 Euros, in which case it would be getting more expensive for EVERYONE. On Tue, Apr 15, 2008 at 8:55 AM, Didier Raboud [EMAIL PROTECTED] wrote: Didier Raboud wrote: Hi, Just wondering. With the actual fall of the U$D, why not setting the Neo's prices in €uros ? (Which is actually pretty strong.) (or ¥ens, ...) This would imply a rising price (with time) for American customers instead of a falling one for European ones. Actually, the actual situation is good for me if the U$D continues to go down : my future Neo will cost less to me. :) Regards, OdyX, aka Didier Raboud Just to precise my thoughts... The idea is not to have a rise of the price for American customers, but to protect the value of the future Neo against a fall of the U$D. If the U$D continues to fall, the real income back to FIC will fall with time. FIC will then have to augment its prices which is not desirable... Well... I'm not that much in Finance, so don't give my thoughts too much value. Regards, Didier ___ Openmoko community mailing list community@lists.openmoko.org http://lists.openmoko.org/mailman/listinfo/community ___ Openmoko community mailing list community@lists.openmoko.org http://lists.openmoko.org/mailman/listinfo/community -- Steven Le Roux Jabber-ID : [EMAIL PROTECTED] ___ Openmoko community mailing list community@lists.openmoko.org http://lists.openmoko.org/mailman/listinfo/community
Re: Trading in €uros ?
The figure in USD is as innacurate as anything else. You're not actually paying $399 USD, you're paying the number of New Taiwan Dollars that can be exchanged for $399 USD. Rebasing the price in ANY currency means absolutely nothing since (assuming you aren't paying exchange premiums) it's the same price. Of course, they could say 399 Euros, in which case it would be getting more expensive for EVERYONE. On Tue, Apr 15, 2008 at 8:55 AM, Didier Raboud [EMAIL PROTECTED] wrote: Didier Raboud wrote: Hi, Just wondering. With the actual fall of the U$D, why not setting the Neo's prices in €uros ? (Which is actually pretty strong.) (or ¥ens, ...) This would imply a rising price (with time) for American customers instead of a falling one for European ones. Actually, the actual situation is good for me if the U$D continues to go down : my future Neo will cost less to me. :) Regards, OdyX, aka Didier Raboud Just to precise my thoughts... The idea is not to have a rise of the price for American customers, but to protect the value of the future Neo against a fall of the U$D. If the U$D continues to fall, the real income back to FIC will fall with time. FIC will then have to augment its prices which is not desirable... Well... I'm not that much in Finance, so don't give my thoughts too much value. Regards, Didier ___ Openmoko community mailing list community@lists.openmoko.org http://lists.openmoko.org/mailman/listinfo/community ___ Openmoko community mailing list community@lists.openmoko.org http://lists.openmoko.org/mailman/listinfo/community
RE: Trading in €uros ?
It's much more complex than that. We will quote in USD. We buy components in other currencies, so as currency changes, the value of what we hold changes as a function of currency fluctuations. At this stage of the game, the currency we quote in is a minor issue. That said , the dollar sucks. Somebody has to. _ From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] On Behalf Of Steven Le Roux Sent: Tuesday, April 15, 2008 7:53 AM To: List for Openmoko community discussion Subject: Re: Trading in €uros ? No matter how is the $, I think FIC is thinking in $, not un €, so if the $ falls, it's good for us, and nothing change for FIC regardly the $ previsions... I guess On Tue, Apr 15, 2008 at 4:29 PM, Kevin Dean [EMAIL PROTECTED] wrote: The figure in USD is as innacurate as anything else. You're not actually paying $399 USD, you're paying the number of New Taiwan Dollars that can be exchanged for $399 USD. Rebasing the price in ANY currency means absolutely nothing since (assuming you aren't paying exchange premiums) it's the same price. Of course, they could say 399 Euros, in which case it would be getting more expensive for EVERYONE. On Tue, Apr 15, 2008 at 8:55 AM, Didier Raboud [EMAIL PROTECTED] wrote: Didier Raboud wrote: Hi, Just wondering. With the actual fall of the U$D, why not setting the Neo's prices in €uros ? (Which is actually pretty strong.) (or ¥ens, ...) This would imply a rising price (with time) for American customers instead of a falling one for European ones. Actually, the actual situation is good for me if the U$D continues to go down : my future Neo will cost less to me. :) Regards, OdyX, aka Didier Raboud Just to precise my thoughts... The idea is not to have a rise of the price for American customers, but to protect the value of the future Neo against a fall of the U$D. If the U$D continues to fall, the real income back to FIC will fall with time. FIC will then have to augment its prices which is not desirable... Well... I'm not that much in Finance, so don't give my thoughts too much value. Regards, Didier ___ Openmoko community mailing list community@lists.openmoko.org http://lists.openmoko.org/mailman/listinfo/community ___ Openmoko community mailing list community@lists.openmoko.org http://lists.openmoko.org/mailman/listinfo/community -- Steven Le Roux Jabber-ID : [EMAIL PROTECTED] ___ Openmoko community mailing list community@lists.openmoko.org http://lists.openmoko.org/mailman/listinfo/community
