herfacechair
Posts: 1046
Joined: 8/29/2004 Status: offline
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In my previous posts, I deliberately left some facts out, with regards to Halliburton and its association with Iraq. I did this because of the Halliburton views held by leftwing posters. You, thompsonx, responded exactly as I expected you to respond. Not to advance the facts I deliberately held back with regards to Halliburton. thompsonx Funny companies that do the same sort of work but are not in the sand box are eating shit right now. Are you saying that they are not making more now than they would have if there had been no war? What I actually said: "The above companies would've made money during peace time as they would've during war time." - herfacechair It's still a factual statement. If they're around for this war, and I recognize them from before the war, obviously they were making money before the war. Whether you make 5 dollars now, 10 dollars tomorrow, as opposed to 1 dollar yesterday is beside the point, you made money yesterday, today, and will make it tomorrow in this example. Earning money is earning money, regardless of the size of your earnings. Now, you claim that we're making you money via your Halliburton stocks. Well, According to Halliburton, they're not involved with providing logistics services in Iraq. In other words, we're NOT making you money as you claimed. I mean, as a stockholder, you should've already been tracking that... but apparently not. Second, Halliburton is still making money despite not being in Iraq. Take it away thumpsonx: "As a stock holder in Halliburton, Ratheon,Olin Matheson and Winchester Western I would like to take this opportunity to express my heartfelt thanks to you and your comrads in arms for helping with the black ink on the bottom line. Happy stockholder" -thompsonx What's this? I think I'm hearing disagreement: "Funny companies that do the same sort of work but are not in the sand box are eating shit right now." -thumpsonx Again, per Halliburton's website, Halliburton isn't involved with providing logistics services in Iraq. It's the logistics services that are responsible for the bidding process. Winchester still makes military equipment, war or not. They've been around for decades. During this deployment, I've yet to see new M4s arrive. If anything, they'd issue out an old M16 to someone when the arms room runs out of M4s. Given this scenario, I don't see how we're making you money there high speed. I've also dealt with Ratheon prior to the War on Terror, so they made money before the war. thompsonx : It has been pretty widely reported that Haliburton has a ton of "no bid" contracts. What's actually been widely reported is that their THEN subsidiary, Kellog Brown & Root, aka KBR, has the contracts. They've since parted paths, so it's just KBR providing the services/holding the contracts, not Halliburton. thompsonx : What are you smoking crack?... It takes allot of crack smoking for you to assume that Halliburton is in charge of contracts in Iraq, then to turn around and try to insinuate that your "Halliburton stocks" are doing well on account of these phantom contracts. I wonder how much crack it took for you to dismiss, as a money loser, a company that's in the sandbox and, by your own definition, is doing well because of it. thompsonx : I said thank you... Considering that you obviously don't know what you're talking about, and that you intend your thanks sarcastically, your "thank you" is something that I'm not accepting... it'll diminish the gratitude of the people here, and outside, that actually meant it. thompsonx : I have no argument with you making me money. Actually, you have no argument proving that I'm making you money. Your own comments contradict your claims. thompsonx : There are other issues with KBR...loss carry overs ...it could pose a tax problem so I will just avoid them till things blow over. KBR was working for Halliburton when they carried out logistics services for Iraq in the beginning of the war. Since then, Halliburton and KBR split, with KBR continuing with the services for troops in Iraq and Afghanistan, and Halliburton not being involved with Iraq or Afghanistan. So, if you're a stockholder with Halliburton, and they're not involved with Iraq today, then you're not doing what you insinuate you're doing. By your own statement: "Funny companies that do the same sort of work but are not in the sand box are eating shit right now." -thompsonx If you took your own statement seriously, you'd be avoiding Halliburton, not KBR, who's actually in Iraq doing the things you claim Halliburton is doing, if you're the investor you claim to be. thompsonx : You have to look at the bigger picture....They are all "floored inventory" so abandoning them is a dollar for dollar write down. I'm going to put my military hat aside for a moment, and put my MBA hat on. Do you even know what a floor inventory is? This is where a business, like a car dealership, doesn't have to pay for inventory until it's sold. It just sits as inventory until it's purchased. Until it's sold, it represents an asset in another form... aka inventory. What business, in its right mind, would abandon something that it could convert to cash in the future? Once inventory is sold, it's converted from inventory to accounts receivable, or cash. This has absolutely nothing to do with abandoning generator maintenance on a generator that's obviously already ben SOLD! Stay with me now, here's what I said: "By the way, you forgot to mention KBR, as they're providing a large segment of the services that we utilize out there. Perhaps it's time for you to purchase stocks in that company if you haven't done so yet. :rolleyes: If they come up to you to solicit your inputs, complain about their abandoning their generators (failing to do maintenance) that are out in the outlaying outposts." -herfacechair Heh, this was a clue for you to hone your con, "Halliburton Investor" game. It was also designed to test the sincerity of your, "I'm thanking you" claims. A real investor, supporting the troops, would've contacted their company to speak on the troop's behalf. They'd do this out of "troop support" sense, and out of "wanting the company to succeed," sense. After all, if the military, the biggest customer, abandons them, then a chain of reactions could happen that'd lower the value of their stocks. Something an investor wouldn't want. thompsonx : Besides it is taxpayers money not mine. Since you're a tax payer, then you're paying for alleged KBR loses as a taxpayer. Since you obviously are going to stay away from KBR until things "blow over," the money they earn, while in the sand box, isn't yours as a non KBR "stockholder." Starting to see why I didn't take your "thank you" claims seriously? You're lacking in basic knowledge for someone that's trying to insinuate that he's an investor.
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