Eugene David ...The One-Minute Pundit |
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Thursday, October 05, 2006
The Reverse Robin Hoods of Advertising are having their annual orgy in Orlando -- and...
Mr. Lafley will keynote the conference with an Oct. 6 presentation, "The P&G Brand Marketing Powerhouse," chronicling the turnaround he's led since taking over in 2000. Among other points, Mr. Lafley is expected to talk about how P&G's massive investment in R&D translates to product innovation. P&G, the No. 1 advertiser, spent $6.8 billion on worldwide advertising and $2.1 billion on R&D in fiscal 2006. P&G results speak for themselves: P&G reported record sales, profits and earnings per share in its recently ended fiscal year, and the stock yesterday reached an all-time high. P&G's market cap: $201 billion -- up $127 billion on Mr. Lafley's watch. AND WE INTEND TO WASTE MORE OF OUR CUSTOMERS' HARD-EARNED MONEY THAN EVER!!!!!!!!!! P. S. Before A. G. "engineered" His company's Jesus-like resurrection P&G was selling for only about $4 a share less than it is now -- so we KNOW He hasn't watched a bit of television since He's taken it over.
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