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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: shust who wrote (42480)4/17/1999 12:00:00 PM
From: Aggie  Read Replies (1) of 95453
 
shust, good morning,

So....Halliburton's just finishing up with their latest bloody round of layoffs, Daddy's out of work just in time for the kids to be out of school, but the good news is he'll be hired back in September. Is this some new kind of twisted HR ploy ("our company is proud to offer our employees new opportunities to spend quality time with their families: Flexployment!")?

"Just in Time" management concepts work pretty well when you're in an industrial setting which has broad, shallow cycles, like the automobile business, but it ain't worth a flip in this business and I wish I had a bullet for every mush-mouth management-consulting huckster who peddled it to a senior manager from an oil company.

Well......I guess I've vented enough spleen for one day. Let's hope this rally is sustainable, and continues. In the mean time, I'm one of the long-term investors in sector and intend to stay that way.

Good luck,

Aggie
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