11. "More than anything, we're seeing normal profit -taking in response to yesterday's surge in the markets ." 12. "You also had semiconductor shares rallying for the past few days, so there's normal profit taking ." 13. This looked like very normal profit -taking in a market where high-tech stocks were due for some blood-letting. 14. He estimated Texaco earned a corresponding $ 4 . 9 billion in above-normal profits during the three years. 15. They would see, first hand, that their accounting profits will inevitably decline and move closer to normal profits . 16. The lower half represents the normal profits that would go to a competitive firm ( ignoring output losses ). 17. The final outcome is that, in the long run, the firm will make only normal profit ( zero economic profit ). 18. "The assumption in the agreement is that GM through Delphi and Delco will make a profit-- a normal profit , " said Herman. 19. "This is just normal profit -taking after a fairly strong run in stocks, " said Bill Barker, investment consultant at RBC Dain Rauscher. 20. At the same time, " BT is making super-normal profits , " said Don Cruickshank, director general of Oftel at a press conference.