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Technology Stocks : BAY Ntwks (under House)
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To: John Koligman who wrote (2980)12/4/1997 7:56:00 AM
From: Liatris Spicata  Read Replies (3) of 6980
 
<<Think about it, they let go around 200,000 people!>>

Now John,

You strike me as a serious sober sort, but I think you overstated the case here. Certainly part of IBM's reduction-in-force was due to businesses they sold (eg. Federal Systems), so it wasn't as if 200,000 folks hit the streets. Just being a stickler for accuracy here.

BTW, I suspect I would not be the only one interested in learning if, when, and why you buy back into BAY. There was a post today on the Meltdown thread in which Lynn Segal cited Geraldine Weiss as noting that for the DOW to get back to a more typical 3% dividend yield that the DOW would be somewhere around 4500. Should I rush out to sell my BAY?

Regards,

Larry
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