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Politics : Ask Michael Burke

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To: Paul Engel who wrote (36961)	11/20/1998 3:21:00 AM
From: Joe NYC	Read Replies (2) of 132070

Paul, And you don't think $1.6 BILLION/QUARTER PROFIT is that good, do you? Why don't you list all the companies you can think of that have this kind of profit? $1.6 billion profit per quarter is a lot of money, especially if you own the whole company. Most investors buy shares, not the whole company. That's why we have metrics as earnings per share, Price earnings ratio. $1.6 billion number is meaningless. It's like if I told you my car uses 3 gallons of gas. But is it per mile, per 100 miles, per day? Joe

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