I understood what you were saying. My point is that the Japanese economy
is improving, and there are still nearly five months of the second half to
go. Exchange rates may look very different in a few months time.
John
On Sun, 06 Nov 2005 01:11:50 -0000, Herb Chong <[EMAIL PROTECTED]> wrote:
Pentax made its 2005 annual forecast based on 110 yen/dollar. that is
turning out to be too pessimistic.
Herb....
----- Original Message ----- From: "John Forbes" <[EMAIL PROTECTED]>
To: <[email protected]>
Sent: Saturday, November 05, 2005 8:04 PM
Subject: Re: The sky is...
Pentax may make more money IF the Yen continues falling, Herb, and IF
that is the reason they are now forecasting higher profits. However, I
would rather buy Yen than dollars right now. The prospects for the
Japanese economy are looking much brighter than America's.
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