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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: dennis michael patterson who wrote (7183)5/7/2001 12:42:53 PM
From: HammerHead  Read Replies (1) of 52237
 
here is my only concern:
3coms to cut 3000 (30%) jobs, it had also cut 1200 jobs, or 10 percent, on Feb. 26. so why the company continues to cut even more jobs if the tech is on the recovery track?? I heard the rumor one of major telco will have second round of layoffs. if the unemployment rate increases again next month, statistically we can't avoid recession. by then, R word will be all over the media. am i too pessimistic?
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