By the way, Mr. IBOFB:
Further to my above comment that size is irrelevant, and my previous comment that the key metrics to look at are: market share gains, profitability, and cash-flow.
Do keep in mind that for the calendar year-ending Dec31/2007, GM was still (by a narrow margin) the largest automaker in the WORLD!!! Most units […]
no affiliation with me. This blog is maintained by a gutsy CPA, MBA, and I love this, only in America, “Certified Fraud Examiner”. She has a posting up on why she questions the business model of Amway.
Obviously, she is a numbers person, as her data and logic is similar to mine.
http://www.sequence-inc.com/fraudfiles/2008/07/21/amway-sucks-quixtar-sucks-alticor-sucks/
I originally posted this as a reply-comment on Nov12/08. As below:
Let’s try not to lose sight of the big-picture bottom-line.
I have repeatedly stated that Amway has placed themselves into the retail space, and are selling a retail product line. No one has to twist my arm when I want to go buy a foot-long sub, […]
This is a response to IBOFB’s latest comment in which he states all the good things that Amway has done these past **two** years to help grow the business. Or is that, to try to stop the blood from flowing?
To which I respond, yet again, “please, just this once, look at the numbers.” It really […]