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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (328725)	3/13/2007 6:57:11 PM
From: Road Walker	Read Replies (2) \| Respond to of 1575844

re: But how is 10% profit margin, during the good times in a cyclical industry gouging? Actually the TTM PM is 11.65%; operating margin is 18%. re: Which is more of a reason to go after MSFT rather than the oil companies. Why not compare to grocery store margins instead of the obscene margins of a monopoly software company. That's like a boxing match between 5 year old girl and an 18 year old golden gloves champion. XOM is in a commodity business which by nature is low margin.

To: TimF who wrote (328725)	3/15/2007 8:14:35 PM
From: tejek	Respond to of 1575844

Profit gouging is gouging no matter the industry But how is 10% profit margin, during the good times in a cyclical industry gouging? When I said gouging I didn't mean XOM specifically even though its sounds that way. What I was really trying to say [and it was late when I made that post] is that no matter the size of a profit, if the industry effects a lot of consumers, particularly those living on the edge, then that industry is more likely to get attacked for its profits no matter how big or small they are.

To: TimF who wrote (328725)	3/15/2007 8:19:17 PM
From: American Spirit	Read Replies (2) \| Respond to of 1575844

Exxon can manipulate profit margins very easily. It's called Enron accounting, that is accounting for show, for political or legal cover, to keep the real secrets well-hidden. I am not an expert on Exxon accounting, but when a company makes world-record profits every quarter, only a duped fool or liar would claim they are only making 10% on their money. Exxon is one of those companies which controls oil from ground to the pump. When the price of gasoline is doubled, their costs remain roughly the same, so their profit naturally sky-rockets. If you believe the Exxon CEO's on profit margins or global warming I have a bridge in Brooklyn to sell you.