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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (86029)11/29/2000 3:20:33 PM
From: Freedom Fighter  Read Replies (2) of 132070
 
Mike,

>>T, It hasn't started filtering yet because the decline hasn't been that severe yet in the larger cos. But it will be. <<

I think time is also a factor. A lot of people haven't cut back yet because they think the market will turn back up over the next few months. And corporations have yet to be squeezed by pension contributions (that they will have to make for the first time in years), having to give cash to unhappy employees instead of options, the lack of trading profits, IPOs, etc...

Wayne
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