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Re: None

Thursday, 07/21/2005 11:38:06 AM

Thursday, July 21, 2005 11:38:06 AM

Post# of 607
The selling today in DAAT is presumably based upon the news that China's currency will appreciate against the dollar and either a) squeeze margins or b) reduce sales because DAAT won't have the same competitive advantage it once did.

I think the fears are overblown. China won't let their currency drop too much in order to keep economic disruption to a minimum. As was pointed in the previous post, the net effect of this change in currency policy is really minimal..only about 2% or so.

I hope that Collins will address this issue in a PR in order to settle down investors in the stock.