SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: American Spirit who wrote (690861)7/7/2005 9:43:00 PM
From: jlallen  Read Replies (1) | Respond to of 769670
 
Yep....has nothing to do with Cheney.....You are a liar and a fool. Shrill and stupid.

J.



To: American Spirit who wrote (690861)7/7/2005 11:33:11 PM
From: Glenn Petersen  Read Replies (2) | Respond to of 769670
 
Do you actually understand the difference between revenues and earnings?

Halliburton has not “earned” $9.1 billion. They actually lost money in 2004, 2003 and 2002. They finally earned a profit during the first quarter of this year, generating revenues of $4.938 billion and earnings of $365 million. Their revenues were actually down from the $5.519 billion that they recognized during the first quarter of last year when they lost $65 million.

sec.gov

For the three years ending December 31, 2004, HAL generated revenues of $20.466 billion, $16.271 billion, and $12.572 billion, respectively. For those three years, they recognized losses of $979 million, $820 million, and $998 million, respectively.

sec.gov

As of March 31, 2005, their net worth was only $4.338 billion.

To the best of my knowledge, you are the only person on SI who has actually profited from Halliburton.