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.
