This excerpt taken from the CCO 10-K filed Feb 14, 2008.
Exchange rates may cause future losses in our International operations.
Because we own assets overseas and derive revenue from our International operations, we may incur currency translation losses due to changes in the values of foreign currencies and in the value of the United States dollar. We cannot predict the effect of exchange rate fluctuations upon future operating results. See Managements Discussion and Analysis of Financial Condition and Results of Operations Market Risk Management Foreign Currency Risk.