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mmayr

06/29/05 8:01 AM

#65314 RE: Tin-Berrygood #65310

Tin,

The revaluation (when/if it occurs) will certainly have an impact. I don't think anyone really knows the exact outcome, but it will have an impact. US goods will get cheaper for the Chinese to buy, Chinese goods will get more expensive. It appears to be the BA's strategy to curtail the trade deficit. One problem China is looking at (and the BA doesn't really care about) is that China goods will go up in price against all other currencies. This could potentially lead to a significant slow down in the China economy. But who knows? It appears HRCT's prospects will be clients in China, not the USA. So perhaps it really won't matter and HRCT's revenues will actually go up without having to do much of anything.

No time for a round table discussion on the matter, it does appear intriguing. . .however. We'll see how it effects HRCT in the next three or four months. Right now, there isn't much of anything effecting HRCT's shareprice (very little info to base it on). So, about 9-10 cents seems to be what the market values HRCT's shares at.

Peace,