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<blockquote data-quote="PobreCarlos" data-source="post: 624977" data-attributes="member: 16651"><p>Don't be quite so quick with what you term a "correction"; that's nothing of the sort. UPS shareholders ARE owners..and the owners of UPS ARE shareholders.</p><p> </p><p>As for your....</p><p> </p><p>"profits are not earnings" (CEO, shareholders, took same pay home - it's extra money in the bank).</p><p> </p><p>....you do realize, of course, that profits ARE earnings, and that which is "taken home", at least by management in terms of salary - to say nothing of shareholders return - is economically classified as "normal profits"; i.e. - that amount necessary to retain company management and thus keep the company going. In other words, without that (standard definition) "normal profit", companies will go out of business.</p><p> </p><p>As for the percentages; well please!!!! I think you know what percentages are being compared; I specifically stated year-to-year. In that case, what "100%" was was the amount of a year ago. And it's also very much a "standard"...and to say that "They don't even have a standard what 100% would be" in that regard would be rather foolish.</p><p> </p><p>And, in that vein, I think that I can guarantee that the potential validity of your statement...</p><p> </p><p>"1st quarter in March, earnings will be up 300% because of xmas"</p><p> </p><p>...is very low if - as intended - comparing that quarter with the quarter of a year before, which is the standard. In fact, I think there's a strong presumption that the number might well be DOWN.</p><p> </p><p>And, while there may have been quarters when the earnings RATIO from a previous quarter was up 200% (after all, if you earned a dollar the year before, and earned $3 the next year, you've had your "200% gain"), I don't recall (grin...nor is anyone else likely to, I'm afraid!) remember a time when there were "200% earnings" in absolute terms. "Nothing today, but twice as much tomorrow" math doesn't work when you're actually trying to operate a company.</p></blockquote><p></p>
[QUOTE="PobreCarlos, post: 624977, member: 16651"] Don't be quite so quick with what you term a "correction"; that's nothing of the sort. UPS shareholders ARE owners..and the owners of UPS ARE shareholders. As for your.... "profits are not earnings" (CEO, shareholders, took same pay home - it's extra money in the bank). ....you do realize, of course, that profits ARE earnings, and that which is "taken home", at least by management in terms of salary - to say nothing of shareholders return - is economically classified as "normal profits"; i.e. - that amount necessary to retain company management and thus keep the company going. In other words, without that (standard definition) "normal profit", companies will go out of business. As for the percentages; well please!!!! I think you know what percentages are being compared; I specifically stated year-to-year. In that case, what "100%" was was the amount of a year ago. And it's also very much a "standard"...and to say that "They don't even have a standard what 100% would be" in that regard would be rather foolish. And, in that vein, I think that I can guarantee that the potential validity of your statement... "1st quarter in March, earnings will be up 300% because of xmas" ...is very low if - as intended - comparing that quarter with the quarter of a year before, which is the standard. In fact, I think there's a strong presumption that the number might well be DOWN. And, while there may have been quarters when the earnings RATIO from a previous quarter was up 200% (after all, if you earned a dollar the year before, and earned $3 the next year, you've had your "200% gain"), I don't recall (grin...nor is anyone else likely to, I'm afraid!) remember a time when there were "200% earnings" in absolute terms. "Nothing today, but twice as much tomorrow" math doesn't work when you're actually trying to operate a company. [/QUOTE]
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