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Re: abh3vt post# 134

Thursday, 07/21/2005 1:38:59 PM

Thursday, July 21, 2005 1:38:59 PM

Post# of 607
Abh, the question is what kind of trend will we see in the Chinese Yuan? If devaluation appears to be at the rate of 10% vs $US in first month or two, there will be impact on DAAT. Their favorite Arkansas company (WMT) doesn't give DAAT the option to change prices according to exchange rate fluctuations, and I believe there is a REAL negative impact on DAAT in current qtr (down about a dime today, and could drift further in coming weeks).

JMHO--- DAAT is still way undervalued based on growth, but their EPS will be impacted by Yuan strength vs. $US.

Paul Litman: "Avoid panic selling & avoid overconfident buying."