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To: stockstrader

>>>So the oil companies are being 'greedy' when they have a profit margin of 8% while the average US company has a profit margin in excess of 10%? What about the 15% profit margin in healthcare companies? Are they even GREEDIER? What about the 20% profit margin in drug companies? Are they even MORE GREEDY?
Greedy? Give me a break--compared to the average US company, oil company profits are pathetic, not greedy!>>>

8%, more like 10%. And 10% of 800 billion adds up to a whole lot more than 10% of 1 million.

But I can't seem to get that through most Freepers heads. OH well.


80 posted on 04/27/2006 10:55:04 AM PDT by sandbar
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To: sandbar
You said, "And 10% of 800 billion adds up to a whole lot more than 10% of 1 million."

As it should be.

Your point is???

83 posted on 04/27/2006 10:56:45 AM PDT by stockstrader
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To: sandbar
8%, more like 10%. And 10% of 800 billion adds up to a whole lot more than 10% of 1 million.

So, what exactly would you like to see the profit cap set at? It seems to me from your post that you're saying there's a point where profitting becomes "obscene" or "unfair". Would you please quantify that point?

155 posted on 04/27/2006 1:03:17 PM PDT by MichiganConservative (Government IS the problem.)
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