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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: unclewest who wrote (14539)	1/8/2000 7:28:00 AM
From: Mike Buckley	Read Replies (1) \| Respond to of 54805

unclewest, The only two businesses I know that make such obscene profits are banks and carpet stores. Now that I'm retiring, it's only the banks that are doing that. :) And by the way, the phrase "obscene profit" is an oxymoron. :) SL's point that he is buying x ($) from a bank and using it to buy inventory (stock) which he then plans to sell at a profit is similar to a store owner buying x ($) from a bank to purchase inventory (carpet) which he plans to sell at a profit. Your point that his stock is the inventory supports mine that the capital is not the inventory. Regarding the issue of selling his inventory at a profit, his business model is closest to a brokerage business in which he not only sells to his customers but also buys from them. Good fishing! --Mike Buckley