----- Original Message ----- From: "The Fool" <[EMAIL PROTECTED]> To: "Killer Bs Discussion" <[email protected]> Sent: Wednesday, December 21, 2005 9:39 PM Subject: Re: Wal-Mart efficiency (was Re: My annual Xmas tirade...)
> Do you exclude food from your calculations? (Most food isn't grown in > Red China) No, I didn't realize that certain things "didn't count" as products for you. But, I'll be happy to look at non-food items as a catagory. The superpermarket sales (which clearly includes non-food items, but what the heck) is about $50 billion. That leaves almost 250 billion in non-food sales. >Do you also exclude srevices wal-mart has like their automotive service dept? Are you seriously arguing that the $18.95 lube special is a significant portion of the Wal-Mart income? I'd guess that this would be balaced out by the non-food items sold in the supermarket, but let me be very very generous and assume that these sales amount to about $20 billion/year. That still leaves about $220 billion/year. 15 billion is about 7% of that. Well under 10%. Unless you can find a way to make about 90% of Wal-Mart's sales "not count" for one reason or another, your statement is false. I've been very generous in granting you the right to exclude things, and still end up with less than 10% from China. Dan M. _______________________________________________ http://www.mccmedia.com/mailman/listinfo/brin-l
