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.