Tuesday, October 20, 2009

REVENUE GROWTH...? or, JUST WEAK DOLLAR TRANSLATION?

THE MUTILNATIONALS HAVE AN ADVANTAGE THIS QUARTER BECAUSE OF THE CURRENCY TRANSLATION EFFECTS OF A WEAKER DOLLAR...

IF YOU SELL IN A FOREIGN CURRENCY....AND YOUR PRICES ARE COLLECTED IN FOREIGN MONEY...

YOU GET A HUGE BOOST WHEN YOU CONVERT BACK TO DOLLARS!

THE DOLLAR IS SO WEAK THAT IT COULD GIVE THE ILLUSION OF "REVENUE GROWTH" WHEN ALL YOU REALLY IS IS THE EFFECT OF A DEVALUED DOLLAR...!

ALSO...MANY CORPORATIONS ...OUTSIDE OF THE INVESTMENT BANKS...ARE RIDING THE WAVE OF THE NEW STOCK BUBBLE ON WALL STREET...

THERE COULD BE "TRADING INCOME" THAT IS MASKING THE REAL INCOME FROM THE CORE BUSINESSES...

IF GOLDMAN COULD MAKE BILLIONS THIS QUARTER...REMEMBER THERE ARE OTHER CORPORATIONS THAT COULD BE DOING A LITTLE TRADING ON THE SIDE...TO HELP THEIR SAGGING REAL REVENUE IN THEIR MAIN BUSINESS LINES...

REMEMBER...

MICKY'DS NEEDS TO MAKE MONEY FLIPPING BURGERS...

NOT FLIPPING GOOGLE, GOLDMAN AND CITIBANK...!!

EVEN IF THEY ARE SELLING LOTS OF BURGERS PRICED IN POUNDS AND EUROS!....CHAAA-CHING...!!