[TenTec] Fw: The New Icom 7800

AC5E at aol.com AC5E at aol.com
Thu May 29 00:00:13 EDT 2003


$7,995  translates to roughly 940,000 yen at 117 to the buck, and the new 
Icom will probably list for 950,000 to 1 Million Yen in Tokyo. And be at about 
the same elevated price point in dollars over here. 

The exchange rate has gone from 138 to the buck down to 117 and nobody really 
knows how much further the dollar will fall.  Some traders I deal with tell 
me 90 or even less isn't entirely out of the question, it just depends on the 
market, our Treasury Department,  and the Bank of Japan. 

But assuming a discounted price of 800,000 Yen - at 140/1 that's $5,800.  At 
130/1 that's $6,150. At 120/1, that's $6,700.  At 110/1, that's $7,300. At 
100/1 a cool eight grand. And at 90 yen to the buck it would take  $8,900 George 
Washingtons to equal that many yen. 

So how much a 7800 costs at HRO and AES depends on the exchange rate at the 
time of introduction, and will fluctuate with the exchange rate and market 
conditions. Lower when sales are slow, higher when the yen goes up (down on the 
exchange rate) or when demand picks up.  Until someone is ready to fill your 
order the street price is pure speculation. 

73 Pete Allen  AC5E


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