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ibreken

06/30/07 5:08 PM

#273777 RE: ed53wa #273773

haha, comparing profit margins to HD. That says it all. Great stuff.
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Risicare

06/30/07 5:14 PM

#273782 RE: ed53wa #273773

HD has about a 36% gross profit margin and you say 6%.

I did not say _gross_ i said profit margin .

You say Serge told you he was happy to be rid of it

No i did not, I never talked to Serge directly on this matter

How could it be dragging down the contruction side

Bad debts, people buy on credit and cannot pay, If he sees it doing well now as you say it must have done poorly before which confirms what i said.