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Politics : Formerly About Advanced Micro Devices
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To: SilentZ who wrote (228477)4/9/2005 5:20:28 PM
From: i-node  Read Replies (4) of 1577103
 
>>>> No, it's that they were making a nice profit before, and tell us that they're raising prices because of shortages and wars and terrorism, and then make a much higher profit as a result.

You are, of course, alleging collusion (since without collusion, supply and demand would obviously ameliorate the situation).

Can you prove that any such collusion exists?

Can you, in fact, prove that increased oil companies' profits resulted from these price increases?

Hint: Exxon's gross profit margins in '02, '03, and '04 were:

'02 55%
'03 47%
'04 45%

I think you'd be hard-pressed to make your case, given that they are generating LESS profit margin per revenue dollar every year.

Now, I've shown you how I know you're wrong. You explain to me why you think you aren't.
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