Does RedirectPermanent absorb page rank?

Hi All,

Quick question. I’m trying to redirect the splash page for one of my sites to the e-commerce main index page. I’m using the following:

RedirectMatch permanent ^/index.html$ http://boat-clocks.com/catalog/index.php

Will boat-clocks.com/catalog/index.php absorb any page rank of boat-clocks.com? (Yes, I realize there is none right now :-))

Thanks in advance!

Most likely it will carry through all the juice from the other page. Matt Cutts (Google Employee) talks about it here: http://www.youtube.com/watch?v=70LR8H8pn1M

Natl is right about all the link juice carrying over.