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Euronet Worldwide Inc. Message Board

  • napavalleycompany napavalleycompany Nov 1, 2001 10:12 AM Flag

    Are you that dumb SM 77

    The risk of foreign cuurency has nothing to do with the employees. We are taliking about the
    foreign currency loss on exchange risk. A loss
    of 7.7 million. You are a novice. Don't listen to the conference calls read the press release. I can see why sw69 loves this board with all the dunces posting.



    Foreign exchange gain/(loss), net (3,560) 4,202
    ------- -------

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    • There was no "loss of 7.7 million".
      This is strictly the currency fluctuation on the outstanding debt, A NON CASH ITEM. They don't pay off that debt for 5 years, assuming they even have it outstanding at that point.
      It doesn't impact the company one bit.
      I am tired of your tone to the people on this board, you think you are soooo smart. Well you haven't made any damn money on your short, no matter how you want to spin it. The longs have been here and made lots of money. So go blow off!!

 
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