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Politics : Formerly About Advanced Micro Devices

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To: Brumar89 who wrote (404118)8/4/2008 9:43:48 AM
From: i-node   of 1576111
 
They're buying a work force with lower turnover. I also suspect they're much more selective in who they hire than Walmart.

Exactly right. It is a business decision. And one that is also likely influenced by WMT's need for 1.3 Million of these people versus COST's 100,000. And that COST is partially unionized which FORCES their hand to some extent.

A publicly traded company has a responsibility to its shareholders, and while COST may be perceived as friendly to employees, WMT is perceived as much friendlier to shareholders. Whether COST's game plan will allow it to form the capital it needs for growth is as yet undetermined. Over time, COST may end up in the same bind the US Automakers are in.

As an investor, I would never put one cent in a company that didn't fight unionization at every turn.
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