If I recall they had to discount 1 property last May but assured investors it was only on that one property, and there wouldn't be any other discounting. Then I believe they stated in February's call they began discounting on that property again Kunshan? in January or February. The way Tom talks, this is new with the "seller financed contracts"? but that really hasn't been reflected in the numbers...yet. Did you glance at CHLN's. I think it read margins dropped from the 28%? range to 14's? It was certainly reflected in theirs.
Barnard how long have you been in this stock or are familiar with 2010?