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Re: redman_2014 post# 55411

Thursday, 10/21/2010 8:17:22 AM

Thursday, October 21, 2010 8:17:22 AM

Post# of 94785
CCME - OK, that would be 3M increase in cash in bank? I was thinking of earned revenues rather than cash. I know they have plans to get better interest rates, at least that's what I interpreted Fernandos comments, but it's not a factor for this quarter(I assume?).

June 30th I have dollar/Yuan at 6.7815 and Sept 30th 6.6905 [1]- we're talking 1.4% change over the quarter or $57M revenue instead of $56.3. and $30.2M net income instead of 29.8.

I could include a larger negative effect of removing the new bus contracts starting in September - which, for simplicity, I've got in July and August.

rich

[1] http://www.indexmundi.com/xrates/graph.aspx?c1=CNY&c2=USD&days=180&lastday=20101019
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