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Old 14th June 2006, 10:26 PM
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Re: New Updates at Name Pros !

Quote:
Originally Posted by touchring
Well, i hope so, i still depend on PPC to pay off the reg fees.

The increase in interest rates is causing the upheaval on the stock markets, but the dollar is still falling despite the increase - i'm losing quite a lot from the exchange rate - i was getting 1.70 Singapore Dollar for an American dollar second half of last year, and now it's 1.59, the other day, it dropped to 1.56.

Ironically, the RMB is pegged to the US dollar, so i'm paying less for Chinese goods and services, so effectively, the dollar hasn't gone down against the RMB.

The situation in China is also not normal, too much money dumped into office building and luxury condo projects that are not occupied, or could not be tenanted out - especially so for the second and third tier cities. Reminiscent of what happened in Bangkok and Seoul during the 1997 Asian crisis.

I'm no economist, but this situation is not normal.

Of cos, aside from what's happening on the market money, i've no doubts that idns are the future, so the key is holding power.
The thing putting the breaks on PPC after IE 7.0 is lack of Adwords. If markets are tights firms dig deep and advertise. They may cut staff but advertising budgets go up very significantly. If you can sell everything you can make advertising is pointless. If you have inventory and no buyers your first phone call is to the advertisers. Don't worry, some industries are counter-cyclical. We are now firmly in the Advertising industry, indeed we are in the vanguard, because if money is tight they will want the biggest bang for their bucks, and anyone who knows anything will tell them the Internet is the place to go! Advertising is not a defensive stock. When the economy is on the way down, you are commissioned to stage a counter attack!
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