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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: DlphcOracl who wrote (5839)11/15/2001 9:06:21 AM
From: JRI  Read Replies (1) of 99280
 
Delph- A lot of businesses hanging on, not firing employees yet...hoping for a rebound..

If the rebound next year comes in weak or flat-lines...many companies are not going to hang onto employees like this go round, and suffer permenantly lower profits..

Guess this all depends on one's view: Is this a normal cyclical correction, or something much bigger and historic?
IMO, we have only begun the process of rationalization...
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