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PACIFICNET INC Message Board

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  • beijingyank beijingyank Feb 10, 2005 12:56 PM Flag

    ******** read carefully *************

    The good thing is the quality of the presentation.

    It was first rate, and refreshing in that the "risks" were listed in detail. Recently, many Chinese companies have been criticized for emphasizing the benefits and ignoring the risks. I especially liked the currency exchange "risk" being mentioned. lol!

    The bad is the "d" word was used again. It rubs against the grain when management says their primary concern is increasing shareholder equity and then uses the "d" word in the next sentence.

    The ugly was mention of large amounts of physical cash being generated and stockpiled as being bait or incentive for thieves, and embezzlement.