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To: lewmonade who wrote (43215)	11/16/2005 4:54:49 PM
From: rrufff	Respond to of 120409

I don't think there is any way to find out until the next Q report. Given how much money they make, it seems strange that they needed a relatively small amount of cash. I believe they are showing $5 million in cash on their current balance sheet for the Q. Increase for the Q seems to have been generated largely from net income. From what I've been reading about doing business with municipal governments in China, it seems to be almost like what it was in this country perhaps about 70 years ago. In other words, it's "who you know" and everyone has their hand out. They seem to be getting very big contracts from municipalities, and I notice some fairly large "consultant" fees which seem to be Chinese names. In any event, looks like they are pretty steady with .10/Q of net income. If that is correct, you have a PE of 5 for CXTI.