Hartcourt Companies (fka HRCT)

[lugan]

Dear Mr. EC

You are conflating a series of past managements into a single argument that essentially says HRCT was and continues to be a failed company. HRCT, like every other public corporation, is an artificial enterprise totally dependent on the success of its management and market conditions. Unfortunately some past managements placed themselves into very unfavorable markets that then suffered very unfavorable market conditions. This scenario is very different with the current management.
The education market in China is much less cut-throat than the retail computer market. HRCT now has management with a leading edge interest in the education space along with significant financial backing to support expansion. It is a new game in HRCT land and I am a buyer.
Of course this is and always has been a gamble. But periodically the hand gets re-dealt, and it becomes time to take a fresh look at the cards. Play as you will.