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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!
LRCX 159.33-1.8%Nov 7 9:30 AM EST
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To: Kirk © who wrote (10717)10/10/2002 4:11:47 PM
From: willcousa   of 10921
 
I left Pittsburgh in 78. It was the beginning of the end for the steel industry as they knew it. The unions and mangagement had a cozy kind of arrangement where steel wages had gotten pretty high but with no competition and industry-wide bargaining the increases were passed on to us consumers. There was no motivation to modernize or become more efficient. A totally untrained novice steelworker (read custodian) made about $30 k I was told.
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