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Re: keynesian post# 20976

Thursday, 11/02/2006 6:17:43 PM

Thursday, November 02, 2006 6:17:43 PM

Post# of 162780
I can assure you that the beverage industry has high profit margins.

Water especially, probably has the highest profit margins.

I use to own a small business (sold now) and I can tell you that I made more money on drinks than the food I sold.

I use to buy Coke for about 17 to 20 cents a can. That was the lowest I bought Coke for and this was about 1 or 1 1/2 years ago. Plus, I am not a big buyer of Coke. Imagine if I was a big buyer - lower price for me.

So if I can buy Coke for about 17 to 20 cents and people buy Coke for about a $1 (might be higher now) at the liquior store, how much of a margin is there. I Coke is still making money.

Coke may not be a good example since Coke sells in volume, but this was just to illustrate that there are high margins in the beverage industry.

Key: Just sit tight... remember... "money flows from the impatient to the patient." Which one are you?