John H wrote:
On 25 Mar 2005 09:43:36 -0800, "basskisser"
wrote:


John H wrote:
On 25 Mar 2005 05:02:12 -0800, "basskisser"
wrote:


John H wrote:
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

roups.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.

You "corrected" nothing, John. You simply gave a different
scenario,
and it is flawed. The consumer won't stand for an infinite rise
in
prices.

Waffling. That's what that's called.
--
John H

Waffling??? ANYBODY who would stand for an infinite rise in the
price
of ANYTHING would be just plain dumb. Would you?

Good. You're back to your old self again.

NO ONE could AFFORD an infinite rise in the price of ANYTHING!
Therefore, the
comment is INANE!
--
John H

Great, I'm glad that you realize your error.