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Technology Stocks : (LVLT) - Level 3 Communications
LVLT 53.630.0%Nov 1 5:00 PM EST

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To: Jesica Dawnet who wrote (3288)8/13/2002 6:20:13 PM
From: IngotWeTrust  Read Replies (1) of 3873
 
You know what this reminds me of, Jessica?

I remember when my daughter was in the first wave of lay-offs from one of 2 MAJOR west coast semi-conductor manufacturing plants for Korea's AVX electronics.

Never saw a peep about it in the Portland Oregon newspaper, Oregonian. They were sworn to not talk to the press or else they'd loose their severance package and their "standing" in the call-back queque.

The plant is now closed...well kinda..they have one very bored senior maintanance supervisior and 2 shifts of guards on duty, in order to keep from technically being in default on their leases acc'd to maintenance super, a friend of mine.

So, I'm not suprised to hear about 2 more "waves of lay-offs" at LVLT, drastically cut "support" and that not making "news/headlines"...I've witnessed same, first hand. Depends upon how big the owner is...and AVX Korea is a biggie...just like Scotty is a biggie in his pond. Money manages news...always has and always will.

G_T
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