profit goals for publix corporations are measured by the EBITA number. Earnings before income tax allowance.
the rest of what you said was pure garbage.
> and some goes to pay taxes.
yes, AFTER they've made a profit. after every other one of the expense that you listed. you see, those are different, you pay them before you make a profit.
we only tax the net profit.
have you had an accouting course? can you read a P/L statement? can you balance your own checkbook?
so - when a corporation fails to make a gross profit, and gets a tax credit for future earnings, this savings is passed on to the consumer, too, right?
your argument is bullshit. corporations dont price income tax into their prices, they pay it AFTER THEY"VE MADE A PROFIT. you know, they pay it on net income, not gross.
Re:Do let's be consistent, shall we?
on
Dell CEO Tells All
·
· Score: 2, Interesting
actually, both of these cases happen...
some CEO's busted their ass on the line, and worked their way up. these are usually the better ones...
others, have acquired their positions solely due to who their parents were, and their birth SOCIAL STANDING.
first - i was forced to use it... abotu 4 years ago, and havent touched it since then.
it had a way of pegging the processor for silly things, and handling attachments horrifically wrong. it would corrupt the database almost weekly, and the system would crash annoyingly often.
it could have been the setup, or the sysadmin's maintaining it, or whatever - but from my experience i dont think that i would recomend it to anyone.
what your describing is the "commando, soldier, police" phases that tech companies go through.
the first phase of a tech company, you want your engineers to be commandos - take on huge risks, and do whatever is necessary to get the job done.
the soldier phase is a bit more structured, with a little less risk taking, but much more order.
the police phase is when a ton of rules are putinto place, and the company goal is to "not make any mistakes"...
honestly, i dont what phase ms is in right now, but i dont think that they can make a successful taransition.
why? because of pretty much what you said - when you move through the phases, the more intelligent people tend to be driven away. policemen are not the most creative/or intelligent people on earth - they just do what they're told and enforce the rules.
msft has one of the best talent pools out there, and putting up rules and barriers around them will drive them away - i agree with you there.
the really scary thing is - msft has some of the best soft engineers around, and the quality of the design and implementation is simply atrocious, already. what is going to happen when they get the level of programmers of... computer associates, or wang?
cap gains is taxed at your highest tax bracket if the security is held 1 year. If you hold a security 1 year+1 day, you are taxed at long-term capital gains rate, which i believe is 15%.
and, thanks to our pal dumbya, dividends are now taxed much lower than before... definitely not at nominal tax bracket.
isnt it really funny how many geeks can do double integration... diff eq and linear programming cant do the simple addition, subtraction multiplication and division required in business math?
btw - i agree with you - msft's nubers absolutely, positively do NOT justify its per share price.
you got it wrong - msft is going the way of digital...
there is close to 0 recurring revenue built into their business model, and they have close to 0 in services.
they have relied on new pc shipments to maintain their growth and profitability. the pc market is "saturated" - there is no more growth, and there is very little need to buy new hardware every 2-3 years.
msft's revenue model is disappearing, and will never return. just like the early days of automobiles, when everyone was buying a car, and there was a huge cottage industries built around getting everyone a car. when everyone already had a car (or two), the industry collapsed and resturctured.
home pc's is a saturated market. there is no rush of homes to fill with pc's, or business to convert.
in short - msft is rapidly finding itself a company without a viable business plan.
the funniest thing is - i really dont give a shit about the whole gambling thing... it seemed to be a huge moral dilema... whoopee, now we have slots in pa! so, instead of crossing over into NJ Atlantic City/NY Indian Res/WV - our residents can blow the money here. fine - at least we get teh tax revenue...
but some of the puritanical nuts were soooo opposed...
what i really want to see happen in PA, is the abolishment of the state liquor stores... i mean - i'm a guy who believes that the governemt has a place in providing certain services, but WHY THE HELL ARE THEY SELLING LIQUOR?!@?!
at least rendell managed to get some state stores to open on sunday... and guess what - the world didnt end...
Slashdot Mirror
again, you're full of shit.
profit goals for publix corporations are measured by the EBITA number. Earnings before income tax allowance.
the rest of what you said was pure garbage.
> and some goes to pay taxes.
yes, AFTER they've made a profit. after every other one of the expense that you listed. you see, those are different, you pay them before you make a profit.
we only tax the net profit.
have you had an accouting course? can you read a P/L statement? can you balance your own checkbook?
>"-1, Jumping to conclusions"
Damnit... I couldve made a million dollars with that idea...
mmmmm.... waffles.
>here is no double taxation (at this level anyway).
you mean to tell me that right-wing talking points arent based in reality? next, you'll tell me that iraq has no connection to al-qaeda.
so - when a corporation fails to make a gross profit, and gets a tax credit for future earnings, this savings is passed on to the consumer, too, right?
your argument is bullshit. corporations dont price income tax into their prices, they pay it AFTER THEY"VE MADE A PROFIT. you know, they pay it on net income, not gross.
actually, both of these cases happen...
some CEO's busted their ass on the line, and worked their way up. these are usually the better ones...
others, have acquired their positions solely due to who their parents were, and their birth SOCIAL STANDING.
first - i was forced to use it... abotu 4 years ago, and havent touched it since then.
it had a way of pegging the processor for silly things, and handling attachments horrifically wrong. it would corrupt the database almost weekly, and the system would crash annoyingly often.
it could have been the setup, or the sysadmin's maintaining it, or whatever - but from my experience i dont think that i would recomend it to anyone.
>* integrated connectivity to Novell GroupWise
this is a plus? groupwise has got to be the absolute worst workgroup app that i've ever had the displeasure of using.
they may demand the id checks and carpet bombing, but i also suspect that they'll demand the idiot in chief be run out of town on a rail.
yes, obviously we would elect a leader who has failed to protect the country TWICE.
yupe, makes perfect sense...
philly does have a hand in the happy-house scene, with josh wink and nigel at the head ....
or netcraft to confirm it, but yes - star trek is dying.
film at 11.
ok then...
what your describing is the "commando, soldier, police" phases that tech companies go through.
the first phase of a tech company, you want your engineers to be commandos - take on huge risks, and do whatever is necessary to get the job done.
the soldier phase is a bit more structured, with a little less risk taking, but much more order.
the police phase is when a ton of rules are putinto place, and the company goal is to "not make any mistakes"...
honestly, i dont what phase ms is in right now, but i dont think that they can make a successful taransition.
why? because of pretty much what you said - when you move through the phases, the more intelligent people tend to be driven away. policemen are not the most creative/or intelligent people on earth - they just do what they're told and enforce the rules.
msft has one of the best talent pools out there, and putting up rules and barriers around them will drive them away - i agree with you there.
the really scary thing is - msft has some of the best soft engineers around, and the quality of the design and implementation is simply atrocious, already. what is going to happen when they get the level of programmers of... computer associates, or wang?
the USA Patriot act explictly allows the govt. to conduct library searches in Secret.
.explicitly forbids library staff from informing you about the law...
:-))
It also
(which is why you will see little signs informing you of the patriot act provisions in libraries, i love seditious librarians
here's why i discount them:
they have exactly 2 profitable products: Windows, and Office. Everything else is losing money.
wrong, wrong, wrong....
cap gains is taxed at your highest tax bracket if the security is held 1 year. If you hold a security 1 year+1 day, you are taxed at long-term capital gains rate, which i believe is 15%.
and, thanks to our pal dumbya, dividends are now taxed much lower than before... definitely not at nominal tax bracket.
a general rule of thumb is: A company should trade at a PE of its bottoms line growth (expressed as a percentage).
so, a company trading at 15PE, should be giving you 15% bottom line growth/year.
isnt it really funny how many geeks can do double integration... diff eq and linear programming cant do the simple addition, subtraction multiplication and division required in business math?
btw - i agree with you - msft's nubers absolutely, positively do NOT justify its per share price.
you got it wrong - msft is going the way of digital...
there is close to 0 recurring revenue built into their business model, and they have close to 0 in services.
they have relied on new pc shipments to maintain their growth and profitability. the pc market is "saturated" - there is no more growth, and there is very little need to buy new hardware every 2-3 years.
msft's revenue model is disappearing, and will never return. just like the early days of automobiles, when everyone was buying a car, and there was a huge cottage industries built around getting everyone a car. when everyone already had a car (or two), the industry collapsed and resturctured.
home pc's is a saturated market. there is no rush of homes to fill with pc's, or business to convert.
in short - msft is rapidly finding itself a company without a viable business plan.
this piece of shit got modded up?
egad...
yes, obviously those schools have to take EVERYONE, they dont get to pick and choose their pupils at all... nope... totally open to the public...
> in spite of the teachers' unions.
repeat after me - its not the unions job to educate the students, the unions job is to represent its members, the teachers, against their employers.
improving education is a distant second goal FOR THE UNIONS.
yeh, thats pretty much what I expect to happen...
... whoopee, now we have slots in pa! so, instead of crossing over into NJ Atlantic City/NY Indian Res/WV - our residents can blow the money here. fine - at least we get teh tax revenue...
the funniest thing is - i really dont give a shit about the whole gambling thing... it seemed to be a huge moral dilema
but some of the puritanical nuts were soooo opposed...
what i really want to see happen in PA, is the abolishment of the state liquor stores... i mean - i'm a guy who believes that the governemt has a place in providing certain services, but WHY THE HELL ARE THEY SELLING LIQUOR?!@?!
at least rendell managed to get some state stores to open on sunday... and guess what - the world didnt end...
most of the "strings attached" are things like: compliance to the ADA, Title IX, Civil Rights Act, and now, NCLB.
sometimes, the "strings attached" are things like: you must turn over school rosters to military recruiters, you must report "violent acts"...
forced integration/bussing.
the ADA.
Title IX.
---
yup - now that we have to educate blacks, girls and cripples, its suddenly expensive.