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Politics : Formerly About Advanced Micro Devices
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To: Elroy who wrote (315961)12/16/2006 10:45:43 AM
From: Road Walker  Read Replies (2) of 1578495
 
re: That's EBITDA, not even operating margin, but their EBITDA margin is barely over 1% (29 million over 2.4 billion). Go get them John, record profits in the meat packing industry!

So they raise prices (along with their competition). You pay $0.25 more per pound for your strip steak and a whole bunch of employees in the industry can make ends meet and spend some discretionary $'s, which helps the economy.

Plus, the company actually obeys the law! What a shocking idea!
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