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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!
LRCX 230.34+7.8%1:29 PM EST

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To: Herschel Rubin who wrote (6327)7/21/1998 12:12:00 PM
From: Katherine Derbyshire  Read Replies (1) of 10921
 
>>MarkFin: So they've gotten rid of more than just dead wood? Don't they furlough
some who are likely to come back when revenues improve? As long as they keep
one or two hard-working engineers around... they can support several
middle-managers. <<

Equipment companies have never had an overabundance of deadwood, and they complain bitterly about personnel shortages whenever they aren't actively laying people off. Which means that there's a good chance that the engineer you furlough now will be working for your competitor when the next upturn hits.

Katherine
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