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Technology Stocks : Telxon (TLXN)

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To: James Petersen who wrote (123)7/10/1997 5:46:00 PM
From: Joe Master   of 378
 
No I dont think I'll cover just yet I'm still in plus territory (5%) and I think it will continue to grow. You missed my point on the layoffs and severence issues. Of course all such situations are difficult but management changed its mind four times concerning the payoffs and what they announced to employees. That is not only stupid but also causes a lot of hard feelings with employees. An unnamed employee stated that the engineering function in Akron has basically shutdown. That is a 160 person group which not likely to be contributing anything to the effort of the company. A company the size of telxon will get a big hit if this is true and continues to the end of the year.

Joe
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