MrRodgers
Posts: 10542
Joined: 7/30/2005 Status: offline
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quote:
ORIGINAL: BoscoX quote:
ORIGINAL: MrRodgers quote:
ORIGINAL: Musicmystery Well, if there's legitimate concern, the justice department can block the merger. But there are several multi-media mergers lead by very wealthy and powerful men--you don't seem to mind those. What's the difference? Apparently . . . books and granola. Well what too many refuse to learn about Amazon is that Bezos is not your average go-all-out-for-profit now bear. For example Bezo's goal is to be the online Walmart, knock out all competition so he can later...go for the throat profit wise. This results in almost zero corp. taxes and even some carry-forward losses. Isn't that precious ? Here: Amazon's most recent ROE, (return on equity) based on trailing 12-month data, stands at a mere 2.88%. The net income is calculated as the sum of the quarterly net income from the four latest quarters, and Amazon lost $57 million in one of those quarters, a drag on the ROE. Amazon started on Borders which quit operations in 2011. Barnes and Noble is down and at about $7 a share and hanging on and may not...be much longer. All of the Mom & Pops were gone in just a few years. This sets the stage for huge profits in the future, so Amazon stock has ballooned to $993.98. as of COB today. So you see. The question is, can [he] do the same with little Whole Foods ? That is very much in doubt because there just isn't that much comp. for it. Maybe the strategy is to lower the 'whole foods' diet prices, make everybody else go away...then let [them] the organic consumer have it, right...in the pocketbook. We'll see. It's okay though, because he buys leftist politicians I wonder, could cite any truly meaningful examples ? I need something beyond your all too typical partisan rant. If Bezos' corp. strategy is 'just ok' then it will as much as for any reason, succeed (pass muster with the GOP) because they repubs, understand anyone trying to either monopolize or even partially narrow markets as a means to really profit later. That's all part of the right's sociological and political ethos...earth, society and the domination of markets, life itself, all exist for a profit and if possible...a greater profit. Yet another reason why this merger should have clear sailing.
< Message edited by MrRodgers -- 6/26/2017 3:45:49 PM >
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You can be a murderous tyrant and the world will remember you fondly but fuck one horse and you will be a horse fucker for all eternity. Catherine the Great Under capitalism, man exploits man. Under communism, it's just the opposite. J K Galbraith
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