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Non-Tech : Kirk's Market Thoughts
COHR 148.85-1.9%Nov 25 3:59 PM EST
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To: robert b furman who wrote (872)3/14/2014 11:39:45 AM
From: Fiscally Conservative1 Recommendation

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Jerome

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Bob:

I understand your implied metrics but do not agree.
The vast majority of any given company workforce is not classified as 'entry level' or even minimum waged.
Given an argument that a rise in Minimum Wages would significantly hurt the bottom line of the majority
small businesses today I would question the implied margins of such Co's. and ask to see their balance sheets, lol. If companies are that desperate for capital at the expense of a select few who would see
a very marginable increase in salary then maybe those Co's would be better off asking for Federal Bailout too.
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