"Dave" wrote in message
...
Well RS is doing well financially, better than the competition. As for
what they sell, well, you have to follow the money especially with the
rents
so high. Cellphones, satellite service and other modern fun things is
where
the money is now. Parts make up very little of the business, even though
they make a high profit on them. The do-it-yourself market is pretty lean
now a days, with college areas making up the biggest market. It is to easy
to buy a digital rig and get it up and running than a homebrew one. Even
though the homebrew one is funner to get going.

I recall a UP story a couple of weeks ago that stated RS had 50 million
profit off of over 1 billion in sales. So they are selling a hell of a lot
but barely staying in the black. 1/2 of 1 percent profit? Even a passbook
savings acct gets a better return than that.

john graesser wrote:
"Dave" wrote in message
...

Well RS is doing well financially, better than the competition. As for
what they sell, well, you have to follow the money especially with the

rents

so high. Cellphones, satellite service and other modern fun things is

where

the money is now. Parts make up very little of the business, even though
they make a high profit on them. The do-it-yourself market is pretty lean
now a days, with college areas making up the biggest market. It is to easy
to buy a digital rig and get it up and running than a homebrew one. Even
though the homebrew one is funner to get going.


I recall a UP story a couple of weeks ago that stated RS had 50 million
profit off of over 1 billion in sales. So they are selling a hell of a lot
but barely staying in the black. 1/2 of 1 percent profit? Even a passbook
savings acct gets a better return than that.



Um, as I recall, 1 billion is 1000 million (in the USA where Radio Shack
is). So that would be 50/1000 or 5% profit.

John

"john graesser" wrote in message
...

I recall a UP story a couple of weeks ago that stated RS had 50 million
profit off of over 1 billion in sales. So they are selling a hell of a lot
but barely staying in the black. 1/2 of 1 percent profit? Even a passbook
savings acct gets a better return than that.

50 x10^6 / 10^9 * 100% = 5% - that's not so bad