rent

J Cullen jcullen at austin.rr.com
Sat Jul 6 07:58:37 PDT 2002


OK, I guess the MSFT scam fits the legal definition of "Wealth beyond the dreams of avarice." Monopoly newspapers and broadcasters are in the category of simple "avarice."


>That's net profit after taxes and everything. Their gross margin is
>86% ($21.8 billion gross profit on $25.2 billion sales).
>
>Gannett <http://biz.yahoo.com/fin/l/g/gci_ai.html> had a gross
>profit of $3.0 billion on $6.3 billion sales, a margin of 48%, and
>net profit of $831 million, 13.1% of sales.
>
>Doug
>
>J Cullen wrote:
>
>>Not to soft-pedal MSFT's greed, but I believe the standard
>>operating margin for newspapers even with the current ad slump is
>>20% -- and more like 30% in smaller monopoly markets -- while the
>>rate of return for broadcasting companies is 40-plus percent. Check
>>out Gannett, Lee Enterprises, even bellyaching Knight Ridder.
>>Publishers get fired for turning in 20% profit.
>>
>>-- Jim Cullen
>>
>>>For a fine examle of monopolists' rents, take a look at
>>><http://biz.yahoo.com/fin/l/m/msft_ai.html>. $7 billion in net
>>>profit on $25 billion in sales. Is there any other legal business
>>>on earth like it?
>>>
>>>Doug



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