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Re: snow post# 528

Sunday, 10/25/2009 2:09:16 PM

Sunday, October 25, 2009 2:09:16 PM

Post# of 915
hmmmm interesting. I have read and reread that msg from the IR and maybe I can't read between the lines but I didn't interpret it as saying there was lagging demand. What he DID say was that they sell on the SPOT market rather than have contractural agreements with anyone. How does that remark segue into "gives the impression that there is not currently sufficient demand for the increased production capacity."

I'm not a semanticist...... I just read 'em the way they're written.

I'm not certain they can offer projected earnings. The market is what it is. It's difficult to imagine that they would spend what looks to be a prodigious amount of money if they didn't anticipate demand. But again, that's just me !

Good luck to all of us in these uncertain economic times. Maybe we should all buy yuan because God knows, the dollar sure as hell ain't holding up.

When you know a thing, to hold that you know it; and when you do not know a thing, to allow that you do not know it - this is knowledge.
Confucius, The Confucian Analects