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Calif Bill March 23rd 05 09:03 PM


"John H" wrote in message
...
On 23 Mar 2005 11:10:21 -0800, "basskisser" wrote:


Calif Bill wrote:
"basskisser" wrote in message
oups.com...

Calif Bill wrote:
Well, my Chevron stock has doubled in value and I also get a nice
dividend.
Helps with the fuel bills.

Well, I'll ask again. Do you honestly think that if you pay MORE

for
gas, that that somehow equates to more money from oil stock? You DO
know that stock value and the price at the pump have very little in
common, don't you?


Back to basskisser, EH? Lots of your side has been saying the price

is run
up to get more profit. Well, more profit, means more dividends and

price of
stock goes up. Simple.


Lots of my "side"? What is my side, Bill? Hmm, so, now, you are saying
that because you pay more at the pump, you'll MAKE money???? Here's a
little simple point for you, Bill. Because the price at the pump goes
up, doesn't mean a damned thing to the end profit. It's the price of
CRUDE that's went up. Therefore, Chevron paid more for the crude,
passed that to the pump. Profits did nothing. Let's simplify it. Say a
grocer sells tomatoes for 10 cents a piece, and they cost him 5 cents.
His supplier starts charging 7 cents, he passes that to you, by
charging you 12 cents. His profit hasn't changed.


Wrong idea. The grocer has a profit margin of 100%. So, when the price

goes to 7
cents, he raises the price to *14* cents. He's now making an additional

two
cents profit.
--
John H

"All decisions are the result of binary thinking."


And CVX also owns a few billion barrels of crude reserves. Whose value just
went up also. It still hurts at the pump, but the hurt has a nice
palliative at dividend time. Basskissers argument ignores that the supplier
is also the manufacturer.



basskisser March 24th 05 01:15 PM


P.Fritz wrote:
"John H" wrote in message
...
On 23 Mar 2005 11:10:21 -0800, "basskisser"

wrote:


Calif Bill wrote:
"basskisser" wrote in message
oups.com...

Calif Bill wrote:
Well, my Chevron stock has doubled in value and I also get a

nice
dividend.
Helps with the fuel bills.

Well, I'll ask again. Do you honestly think that if you pay

MORE
for
gas, that that somehow equates to more money from oil stock?

You DO
know that stock value and the price at the pump have very

little in
common, don't you?


Back to basskisser, EH? Lots of your side has been saying the

price
is run
up to get more profit. Well, more profit, means more dividends

and
price of
stock goes up. Simple.

Lots of my "side"? What is my side, Bill? Hmm, so, now, you are

saying
that because you pay more at the pump, you'll MAKE money???? Here's

a
little simple point for you, Bill. Because the price at the pump

goes
up, doesn't mean a damned thing to the end profit. It's the price

of
CRUDE that's went up. Therefore, Chevron paid more for the crude,
passed that to the pump. Profits did nothing. Let's simplify it.

Say a
grocer sells tomatoes for 10 cents a piece, and they cost him 5

cents.
His supplier starts charging 7 cents, he passes that to you, by
charging you 12 cents. His profit hasn't changed.


Wrong idea. The grocer has a profit margin of 100%. So, when the

price
goes to 7
cents, he raises the price to *14* cents. He's now making an

additional
two
cents profit.



Asslicker shoots and misses once again........that makes him about 0

for
10,000

I see you still aren't smart enough to debate a subject without
childish name calling. Now, please, go read Nasdaq's headlines for
yesterday. Number one: Oil stocks down after news of rising crude
prices. Do you have an intelligent comment to that, or just more
childish drivel?


basskisser March 24th 05 01:16 PM


Calif Bill wrote:
"John H" wrote in message
...
On 23 Mar 2005 11:10:21 -0800, "basskisser"

wrote:


Calif Bill wrote:
"basskisser" wrote in message
oups.com...

Calif Bill wrote:
Well, my Chevron stock has doubled in value and I also get a

nice
dividend.
Helps with the fuel bills.

Well, I'll ask again. Do you honestly think that if you pay

MORE
for
gas, that that somehow equates to more money from oil stock?

You DO
know that stock value and the price at the pump have very

little in
common, don't you?


Back to basskisser, EH? Lots of your side has been saying the

price
is run
up to get more profit. Well, more profit, means more dividends

and
price of
stock goes up. Simple.

Lots of my "side"? What is my side, Bill? Hmm, so, now, you are

saying
that because you pay more at the pump, you'll MAKE money????

Here's a
little simple point for you, Bill. Because the price at the pump

goes
up, doesn't mean a damned thing to the end profit. It's the price

of
CRUDE that's went up. Therefore, Chevron paid more for the crude,
passed that to the pump. Profits did nothing. Let's simplify it.

Say a
grocer sells tomatoes for 10 cents a piece, and they cost him 5

cents.
His supplier starts charging 7 cents, he passes that to you, by
charging you 12 cents. His profit hasn't changed.


Wrong idea. The grocer has a profit margin of 100%. So, when the

price
goes to 7
cents, he raises the price to *14* cents. He's now making an

additional
two
cents profit.
--
John H

"All decisions are the result of binary thinking."


And CVX also owns a few billion barrels of crude reserves. Whose

value just
went up also. It still hurts at the pump, but the hurt has a nice
palliative at dividend time. Basskissers argument ignores that the

supplier
is also the manufacturer.


Hey, Bill, go read the NASDAQ headlines for yesterday!!!!! First one
out of the gate: Oil stocks down because of rising crude
prices!!!!!!!!!!!!!


basskisser March 24th 05 01:18 PM


John H wrote:
On 23 Mar 2005 11:10:21 -0800, "basskisser"

wrote:


Calif Bill wrote:
"basskisser" wrote in message
oups.com...

Calif Bill wrote:
Well, my Chevron stock has doubled in value and I also get a

nice
dividend.
Helps with the fuel bills.

Well, I'll ask again. Do you honestly think that if you pay MORE

for
gas, that that somehow equates to more money from oil stock? You

DO
know that stock value and the price at the pump have very little

in
common, don't you?


Back to basskisser, EH? Lots of your side has been saying the

price
is run
up to get more profit. Well, more profit, means more dividends

and
price of
stock goes up. Simple.


Lots of my "side"? What is my side, Bill? Hmm, so, now, you are

saying
that because you pay more at the pump, you'll MAKE money???? Here's

a
little simple point for you, Bill. Because the price at the pump

goes
up, doesn't mean a damned thing to the end profit. It's the price of
CRUDE that's went up. Therefore, Chevron paid more for the crude,
passed that to the pump. Profits did nothing. Let's simplify it. Say

a
grocer sells tomatoes for 10 cents a piece, and they cost him 5

cents.
His supplier starts charging 7 cents, he passes that to you, by
charging you 12 cents. His profit hasn't changed.


Wrong idea. The grocer has a profit margin of 100%. So, when the

price goes to 7
cents, he raises the price to *14* cents. He's now making an

additional two
cents profit.
--
John H

Have you ever heard of supply and demand? IF he raises the price of the
tomatoes too high, no one will buy them, then the "stock" would
go....DOWN.....


basskisser March 24th 05 01:29 PM


P.Fritz wrote:
"John H" wrote in message
...
On 23 Mar 2005 11:10:21 -0800, "basskisser"

wrote:


Calif Bill wrote:
"basskisser" wrote in message
oups.com...

Calif Bill wrote:
Well, my Chevron stock has doubled in value and I also get a

nice
dividend.
Helps with the fuel bills.

Well, I'll ask again. Do you honestly think that if you pay

MORE
for
gas, that that somehow equates to more money from oil stock?

You DO
know that stock value and the price at the pump have very

little in
common, don't you?


Back to basskisser, EH? Lots of your side has been saying the

price
is run
up to get more profit. Well, more profit, means more dividends

and
price of
stock goes up. Simple.

Lots of my "side"? What is my side, Bill? Hmm, so, now, you are

saying
that because you pay more at the pump, you'll MAKE money???? Here's

a
little simple point for you, Bill. Because the price at the pump

goes
up, doesn't mean a damned thing to the end profit. It's the price

of
CRUDE that's went up. Therefore, Chevron paid more for the crude,
passed that to the pump. Profits did nothing. Let's simplify it.

Say a
grocer sells tomatoes for 10 cents a piece, and they cost him 5

cents.
His supplier starts charging 7 cents, he passes that to you, by
charging you 12 cents. His profit hasn't changed.


Wrong idea. The grocer has a profit margin of 100%. So, when the

price
goes to 7
cents, he raises the price to *14* cents. He's now making an

additional
two
cents profit.



Asslicker shoots and misses once again........that makes him about 0

for
10,000

Really? Read this, from today's Washington Post:
An index of energy companies fell 1.7 percent, for the steepest decline
among the S&P 500's industry groups. Exxon Mobil, the world's largest
publicly traded oil company, fell 81 cents, to $60.09. ChevronTexaco,
the second-biggest U.S. oil company, dropped 75 cents, to $58.42.
ConocoPhillips, the No. 1 U.S. oil refiner, slid $1.93, to $105.10.
They were among the biggest drags on the S&P 500.


basskisser March 24th 05 01:41 PM


Calif Bill wrote:
"John H" wrote in message
...
On 23 Mar 2005 11:10:21 -0800, "basskisser"

wrote:


Calif Bill wrote:
"basskisser" wrote in message
oups.com...

Calif Bill wrote:
Well, my Chevron stock has doubled in value and I also get a

nice
dividend.
Helps with the fuel bills.

Well, I'll ask again. Do you honestly think that if you pay

MORE
for
gas, that that somehow equates to more money from oil stock?

You DO
know that stock value and the price at the pump have very

little in
common, don't you?


Back to basskisser, EH? Lots of your side has been saying the

price
is run
up to get more profit. Well, more profit, means more dividends

and
price of
stock goes up. Simple.

Lots of my "side"? What is my side, Bill? Hmm, so, now, you are

saying
that because you pay more at the pump, you'll MAKE money????

Here's a
little simple point for you, Bill. Because the price at the pump

goes
up, doesn't mean a damned thing to the end profit. It's the price

of
CRUDE that's went up. Therefore, Chevron paid more for the crude,
passed that to the pump. Profits did nothing. Let's simplify it.

Say a
grocer sells tomatoes for 10 cents a piece, and they cost him 5

cents.
His supplier starts charging 7 cents, he passes that to you, by
charging you 12 cents. His profit hasn't changed.


Wrong idea. The grocer has a profit margin of 100%. So, when the

price
goes to 7
cents, he raises the price to *14* cents. He's now making an

additional
two
cents profit.
--
John H

"All decisions are the result of binary thinking."


And CVX also owns a few billion barrels of crude reserves. Whose

value just
went up also. It still hurts at the pump, but the hurt has a nice
palliative at dividend time. Basskissers argument ignores that the

supplier
is also the manufacturer.


My god! Are you really saying that if crude goes up, the oil companies
profits must, also? You DO realize that it takes the same high priced
crude to run their delivery trucks, right? You do realize that the
price they have paid for crude has risen, starting this, right? You do
realize that the trains they run use this high priced crude, right? You
do realize that the buildings they own and heat with are affected,
right? You do realize that any ancilary companies are passing these
higher expenses back to the producer, right? To top it off, you do
realize that oil stocks are down because of the high price of crude,
right?


John H March 24th 05 05:24 PM

On 24 Mar 2005 05:18:41 -0800, "basskisser" wrote:


John H wrote:
On 23 Mar 2005 11:10:21 -0800, "basskisser"

wrote:


Calif Bill wrote:
"basskisser" wrote in message
oups.com...

Calif Bill wrote:
Well, my Chevron stock has doubled in value and I also get a

nice
dividend.
Helps with the fuel bills.

Well, I'll ask again. Do you honestly think that if you pay MORE
for
gas, that that somehow equates to more money from oil stock? You

DO
know that stock value and the price at the pump have very little

in
common, don't you?


Back to basskisser, EH? Lots of your side has been saying the

price
is run
up to get more profit. Well, more profit, means more dividends

and
price of
stock goes up. Simple.

Lots of my "side"? What is my side, Bill? Hmm, so, now, you are

saying
that because you pay more at the pump, you'll MAKE money???? Here's

a
little simple point for you, Bill. Because the price at the pump

goes
up, doesn't mean a damned thing to the end profit. It's the price of
CRUDE that's went up. Therefore, Chevron paid more for the crude,
passed that to the pump. Profits did nothing. Let's simplify it. Say

a
grocer sells tomatoes for 10 cents a piece, and they cost him 5

cents.
His supplier starts charging 7 cents, he passes that to you, by
charging you 12 cents. His profit hasn't changed.


Wrong idea. The grocer has a profit margin of 100%. So, when the

price goes to 7
cents, he raises the price to *14* cents. He's now making an

additional two
cents profit.
--
John H

Have you ever heard of supply and demand? IF he raises the price of the
tomatoes too high, no one will buy them, then the "stock" would
go....DOWN.....


You were the one who provided the example. I just corrected your reasoning. The
supply versus demand issue works both ways. If the supplier starts charging a
higher amount and the grocer can't make the desired profit, the grocer finds a
different supplier or stops buying. From the supplier's perspective, the demand
has decreased, so he sells less or lowers his price.

--
John H

"All decisions are the result of binary thinking."

Calif Bill March 24th 05 06:47 PM

Yes I read them, and oil stocks are down a little. But they are up a lot.
Part of the problem with rising crude prices, is the cutting of buying.
People will travel less, will cut down on buying as the price gets to high.
Rapid rise in oil in 1973 caused a world wide recession. Go to
www.yahoo.com and research XOM and CVX over 5 or 10 years. They draw nice
charts of the price. Look at the dividends aslo.

"basskisser" wrote in message
ups.com...

Calif Bill wrote:
"John H" wrote in message
...
On 23 Mar 2005 11:10:21 -0800, "basskisser"

wrote:


Calif Bill wrote:
"basskisser" wrote in message
oups.com...

Calif Bill wrote:
Well, my Chevron stock has doubled in value and I also get a

nice
dividend.
Helps with the fuel bills.

Well, I'll ask again. Do you honestly think that if you pay

MORE
for
gas, that that somehow equates to more money from oil stock?

You DO
know that stock value and the price at the pump have very

little in
common, don't you?


Back to basskisser, EH? Lots of your side has been saying the

price
is run
up to get more profit. Well, more profit, means more dividends

and
price of
stock goes up. Simple.

Lots of my "side"? What is my side, Bill? Hmm, so, now, you are

saying
that because you pay more at the pump, you'll MAKE money????

Here's a
little simple point for you, Bill. Because the price at the pump

goes
up, doesn't mean a damned thing to the end profit. It's the price

of
CRUDE that's went up. Therefore, Chevron paid more for the crude,
passed that to the pump. Profits did nothing. Let's simplify it.

Say a
grocer sells tomatoes for 10 cents a piece, and they cost him 5

cents.
His supplier starts charging 7 cents, he passes that to you, by
charging you 12 cents. His profit hasn't changed.

Wrong idea. The grocer has a profit margin of 100%. So, when the

price
goes to 7
cents, he raises the price to *14* cents. He's now making an

additional
two
cents profit.
--
John H

"All decisions are the result of binary thinking."


And CVX also owns a few billion barrels of crude reserves. Whose

value just
went up also. It still hurts at the pump, but the hurt has a nice
palliative at dividend time. Basskissers argument ignores that the

supplier
is also the manufacturer.


Hey, Bill, go read the NASDAQ headlines for yesterday!!!!! First one
out of the gate: Oil stocks down because of rising crude
prices!!!!!!!!!!!!!




Calif Bill March 24th 05 06:50 PM


"basskisser" wrote in message
oups.com...

Calif Bill wrote:
"John H" wrote in message
...
On 23 Mar 2005 11:10:21 -0800, "basskisser"

wrote:


Calif Bill wrote:
"basskisser" wrote in message
oups.com...

Calif Bill wrote:
Well, my Chevron stock has doubled in value and I also get a

nice
dividend.
Helps with the fuel bills.

Well, I'll ask again. Do you honestly think that if you pay

MORE
for
gas, that that somehow equates to more money from oil stock?

You DO
know that stock value and the price at the pump have very

little in
common, don't you?


Back to basskisser, EH? Lots of your side has been saying the

price
is run
up to get more profit. Well, more profit, means more dividends

and
price of
stock goes up. Simple.

Lots of my "side"? What is my side, Bill? Hmm, so, now, you are

saying
that because you pay more at the pump, you'll MAKE money????

Here's a
little simple point for you, Bill. Because the price at the pump

goes
up, doesn't mean a damned thing to the end profit. It's the price

of
CRUDE that's went up. Therefore, Chevron paid more for the crude,
passed that to the pump. Profits did nothing. Let's simplify it.

Say a
grocer sells tomatoes for 10 cents a piece, and they cost him 5

cents.
His supplier starts charging 7 cents, he passes that to you, by
charging you 12 cents. His profit hasn't changed.

Wrong idea. The grocer has a profit margin of 100%. So, when the

price
goes to 7
cents, he raises the price to *14* cents. He's now making an

additional
two
cents profit.
--
John H

"All decisions are the result of binary thinking."


And CVX also owns a few billion barrels of crude reserves. Whose

value just
went up also. It still hurts at the pump, but the hurt has a nice
palliative at dividend time. Basskissers argument ignores that the

supplier
is also the manufacturer.


My god! Are you really saying that if crude goes up, the oil companies
profits must, also? You DO realize that it takes the same high priced
crude to run their delivery trucks, right? You do realize that the
price they have paid for crude has risen, starting this, right? You do
realize that the trains they run use this high priced crude, right? You
do realize that the buildings they own and heat with are affected,
right? You do realize that any ancilary companies are passing these
higher expenses back to the producer, right? To top it off, you do
realize that oil stocks are down because of the high price of crude,
right?


They are business expenses. They sell at least 99.9% more energy than they
consume. That is reflected in the wholesale price of the gas / diesel /
heating oil they sell.



P.Fritz March 24th 05 06:54 PM


"Calif Bill" wrote in message
ink.net...

"basskisser" wrote in message
oups.com...

Calif Bill wrote:
"John H" wrote in message
...
On 23 Mar 2005 11:10:21 -0800, "basskisser"

wrote:


Calif Bill wrote:
"basskisser" wrote in message
oups.com...

Calif Bill wrote:
Well, my Chevron stock has doubled in value and I also get a

nice
dividend.
Helps with the fuel bills.

Well, I'll ask again. Do you honestly think that if you pay

MORE
for
gas, that that somehow equates to more money from oil stock?

You DO
know that stock value and the price at the pump have very

little in
common, don't you?


Back to basskisser, EH? Lots of your side has been saying the

price
is run
up to get more profit. Well, more profit, means more dividends

and
price of
stock goes up. Simple.

Lots of my "side"? What is my side, Bill? Hmm, so, now, you are

saying
that because you pay more at the pump, you'll MAKE money????

Here's a
little simple point for you, Bill. Because the price at the pump

goes
up, doesn't mean a damned thing to the end profit. It's the price

of
CRUDE that's went up. Therefore, Chevron paid more for the crude,
passed that to the pump. Profits did nothing. Let's simplify it.

Say a
grocer sells tomatoes for 10 cents a piece, and they cost him 5

cents.
His supplier starts charging 7 cents, he passes that to you, by
charging you 12 cents. His profit hasn't changed.

Wrong idea. The grocer has a profit margin of 100%. So, when the

price
goes to 7
cents, he raises the price to *14* cents. He's now making an

additional
two
cents profit.
--
John H

"All decisions are the result of binary thinking."

And CVX also owns a few billion barrels of crude reserves. Whose

value just
went up also. It still hurts at the pump, but the hurt has a nice
palliative at dividend time. Basskissers argument ignores that the

supplier
is also the manufacturer.


My god! Are you really saying that if crude goes up, the oil companies
profits must, also? You DO realize that it takes the same high priced
crude to run their delivery trucks, right? You do realize that the
price they have paid for crude has risen, starting this, right? You do
realize that the trains they run use this high priced crude, right? You
do realize that the buildings they own and heat with are affected,
right? You do realize that any ancilary companies are passing these
higher expenses back to the producer, right? To top it off, you do
realize that oil stocks are down because of the high price of crude,
right?


They are business expenses. They sell at least 99.9% more energy than
they
consume. That is reflected in the wholesale price of the gas / diesel /
heating oil they sell.


The "King" is on a ramapage to retain his title. LMAO









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