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Strategies & Market Trends : Asia Forum
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To: Alias Shrugged who wrote (6506)9/18/1998 1:21:00 PM
From: Paul Berliner  Read Replies (2) of 9980
 
Mike, Ramsey, I wouldn't put any money on this though until the press starts talking about it and some panic sets in, or else they money would just be dead for too long. Personally, the industries I'd check into would be any with union labor, as you mentioned. In addition to the massive pension liabs. they have, 90% of the companies are poorly run to begin with. I'm talking steel and aerospace. I wouldn't go so far as to place a bet against a pension goliath like GM or Ford.
I think maybe Ryerson Tull & Pitt Des Moines and either Boeing or Northrop Grumman may be hurting first.
On-again off-again strike problems at the first 2 are a bonus.
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