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Politics : Formerly About Advanced Micro Devices

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To: American Spirit who wrote (317994)	12/31/2006 1:46:32 AM
From: Elroy	Read Replies (1) of 1572942

Big Oil makes much more than 10%. One of their big fat lies. Their profits have more than doubled since Bush took over. Since the price of oil has tripled since Bush took over, it sounds like their profit margin is declining. Anyway, you realize that profit margin and profit amount are different, right? There are all kinds of ways their accountants can make that profit margin come out to any number they want. Really? Damn, there goes the US financial system. AS the whistleblower! How could Exxon for instance, which controls huge oil reserves and owns the process from ground to pump, only make 10% profit if gasoline prices double? In order to answer this I would have to look at their financial statements, which you claim are falseified, so why bother? Regardless, why aren't you upset about the price controls and price gouging go on at MSFT? MSFT must have really bad accountants if they play with the numbers and still have to report a 35% operating margin. And when was the last time there was a Windows 2 for 1 sale?

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