JIM HOLSONBACK -> ALL wrote:

 JH> Something to keep in mind whenever this windbag posts his opinions
 JH> concerning the economy, business, finance, accounting, etc. - -

 -=>> On 11-03-08 23:05 BOB KLAHN wrote to TOM WALKER <=-

 JH> 
 TW>> you are the "Rocket Scientist here are soem Figures YOU
 TW>> figurwe it out.
 TW>> Lets See, when OIl was $200 a Barrel gas was selling in the
 TW>> $4.50 range Now with a Barrel at $65 it is selling at $2.50

 TW>> What do you think their Profit Possabiliites are??

 BK>>  If it cost them $40/bbl to pull the oil out of the ground, and
 BK>>  it sells for $65/bbl, and they process it and make a profit at
 BK>>  $2/gal, then they are making at least 100% profit at $4/gal.

 JH> Once again, Klahn demonstrates that doesn't know WTH he's talking about.
 JH> He is so ignorant of business and accounting that he doesn't even know
 JH> how profit margin is determined.

Did you expect any different?

Ed

-- 
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to fill the world with fools." --Herbert Spencer

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