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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?


To: Bid Buster who wrote (22523)1/22/2003 10:15:50 AM
From: MulhollandDrive  Read Replies (2) | Respond to of 57110
 
the argument has never been made that there are currently deflationary pressures in commodities ...

the real deflation has come on the manufacturing level...technically mcd is "manufacturing" burgers <vbg>

but ultimately without pricing power (meaning earnings and profitability) wrt the final product...there will be a diminution of demand on the raw material level.

i don't believe that mcd reporting it's first losing quarter in it's history is strictly a function of company mismanagement...