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limitup - 6:53 am on May 16, 2005 (gmt 0)
I can't tell you how much money you're losing because I don't know anything about your industry, your keywords, etc. I do know this is a fact though, based on my 8 years of advertising online, managing 100s of different PPC ad campaigns, and spending 5k+ a day on Google AdWords. Do your own testing and you'll see that I'm right.
By the way, what is your definition of "a lot of money"? And, how do you know this to be fact?