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Old 07-08-2020, 12:57pm   #1
mrvette
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Default Obscene profits......

According to Rush.....so how much profit is considered OBSCENE??


and obviously considered between gross and net.......


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Old 07-08-2020, 12:59pm   #2
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According to Rush.....so how much profit is considered OBSCENE??


and obviously considered between gross and net.......


I love massive obscene profits.

Creates jobs and hopefully some charity.
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Old 07-08-2020, 1:09pm   #3
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For the "democraptastic socialists", any profit is obscene. Bezos must be hated by the dems...
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Old 07-08-2020, 1:22pm   #4
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I think you have to look at Net Profit, as different companies have different cost structures.

Think of a company that manufactures things, versus a company that resells things, versus a company that develops software.

They will all have much different Gross Margins. So what might be considered obscene from a manufacturing standpoint might be the industry norm for a software development firm.

/nerd post
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Old 07-08-2020, 1:47pm   #5
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I think you have to look at Net Profit, as different companies have different cost structures.

Think of a company that manufactures things, versus a company that resells things, versus a company that develops software.

They will all have much different Gross Margins. So what might be considered obscene from a manufacturing standpoint might be the industry norm for a software development firm.

/nerd post
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Old 07-08-2020, 2:32pm   #6
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20x material costs....
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Old 07-08-2020, 2:34pm   #7
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Capitalism is king.
You invent it or figure out a way to market something, obscene profits is your goal. Nuttin wrong with that.
Show me the money.
NKLA up 33% today Love it !
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Old 07-08-2020, 2:35pm   #8
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According to Rush.....so how much profit is considered OBSCENE??
Obscene enough that a $50 million G550 is just a thang.....
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Old 07-08-2020, 2:55pm   #9
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Obscene enough that a $50 million G550 is just a thang.....
SO, watt's your meaning?? HE made that much?? and watt is G550???
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Old 07-08-2020, 2:58pm   #10
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and watt is G550???
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Old 07-08-2020, 3:09pm   #11
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SO, watt's your meaning?? HE made that much?? and watt is G550???
[Tattoo] the plane boss, the plane [ Tattoo]
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Old 07-08-2020, 3:11pm   #12
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Quote:
Originally Posted by Millenium Vette View Post
Obscene enough that a $50 million G550 is just a thang.....
Quote:
Originally Posted by mrvette View Post
SO, watt's your meaning?? HE made that much?? and watt is G550???
Quote:
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I've got two on order... One to fly daily, and the other to be a garage queen/barn find in 50 years...
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Old 07-08-2020, 5:30pm   #13
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I'll tell you who makes obscene profits !


The porn industry.
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Old 07-08-2020, 5:32pm   #14
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I'll tell you who makes obscene profits !


The porn industry.
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Old 07-08-2020, 8:22pm   #15
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I'll tell you who makes obscene profits !


The porn industry.
Or some asshole who buys a drug company which produces generic drugs they retail at .89 a pill and consider that profitable; then raise retail to $89.00 a pill just cuz he can. That's obscene.

And Snide... thanks for the 2 plane order... the plant's about 3 miles from my front door. Good on you!
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