06-03-2013, 10:36 AM
Doc,
My mistake; those #'s were quarterly earnings, but earnings are earnings and their earnings are only about 5%/year. No record.
I cannot justify the CEO's salary or whatever the $24 million expense taken was, as the article was pathetically poor on details. To a $3+ Billion/yr. company, 5 or 24 million dollars is a drop in the bucket (1%).
Throwing #'s around out of context is misleading at best, and claiming "record profits" is a flat out lie.
Have you really studied their financials? I think not.
Dan
My mistake; those #'s were quarterly earnings, but earnings are earnings and their earnings are only about 5%/year. No record.
I cannot justify the CEO's salary or whatever the $24 million expense taken was, as the article was pathetically poor on details. To a $3+ Billion/yr. company, 5 or 24 million dollars is a drop in the bucket (1%).
Throwing #'s around out of context is misleading at best, and claiming "record profits" is a flat out lie.
Have you really studied their financials? I think not.
Dan