Re: Exxon shatters record


"Tightwad" <Tightwad@xxxxxxxx> wrote in message
news:ZZX8f.38670$RG4.2311@xxxxxxxxxxx
> Bill McKee wrote:
>
> > "Tightwad" <Tightwad@xxxxxxxx> wrote in message
> > news:doU8f.859$Nr6.848@xxxxxxxxxxx
> >
> >>It don't mean a thing! They invest and risk other people's money or the
> >>banks. The Stockholdrs get very litttle return whicle the CEO and other
> >>Managment gets billions in their pockets.
> >
> >
> > Shareholders as of today are getting 2.1% dividend and a growth rate if
the
> > stock of about 14% Quadrupled in 10 years. Maybe you should have taken
> > your Enron investments to Exxon or Chevron? CVX pays 3.2% dividend.
Where
> > were you a few years ago when Chevron made <2% on sales? Cheering?
Feeling
> > sorry for Chevron? What is the book value of Exxon? CVX?
> >
> >
> In the Eighties and Nineties I lost 3 dollars for every two I put in. If
> I had stayed out and got in 2001 I would have made a lot up until a few
> months ago.
> My wife's accounts are just spinning their wheels. Some of them are up
> but the ones that are down are eliminating most of any profits. Still
> making some money but I don't support what the Corporatists are doing
> even if they made me several million more.

Maybe you should put all your money in an FDIC insured savings account
earning 1% compounded annually. That way, after paying state and federal
taxes you would have about 60% of the revenue left to call profit. Wow,
just think you would make 60%! <g>

Ron


.

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