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To: Skeeter Bug who wrote (98836)2/13/1999 3:56:00 PM
From: BGR  Read Replies (1) | Respond to of 176387
 
SB,

Your'e back! Have you been thrown out of class again?

-BGR.



To: Skeeter Bug who wrote (98836)2/13/1999 4:14:00 PM
From: Chuzzlewit  Read Replies (1) | Respond to of 176387
 
I never said revenues were down, nor did I ever say that revenues didn't matter. In point of fact revenues will be up.

What I did say is that economic profit is what counts, and that focusing on revenues is a smokescreen. One of the components of economic profit is revenues, but if COGS falls faster than revenues revenues do not matter in the short run.

If you wish to take things out of context there is very little point in discussing things further with you. Sophistry profits no one.

CTC