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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Ken98 who wrote (48961)12/19/2000 1:55:10 AM
From: Ken98  Respond to of 436258
 
The value of their scrip plunging to its intrinsic value, softie discovers the virtues of cash compensation:

<<Microsoft to cut costs while raising some salaries-WSJ
NEW YORK, Dec 19 (Reuters) - Software titan Microsoft Corp (NasdaqNM:MSFT - news) plans to cut costs throughout its businesses even as it boosts some employees' salaries to make sure they don't jump ship, the Wall Street Journal reported in its electronic edition Tuesday.>>



To: Ken98 who wrote (48961)12/19/2000 10:06:45 AM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
yes...when the market sold off on the Berry article they got scared and let a new trial balloon fly. it is after all all about saving the bubble. i don't think they'll cut today, but you can bet the statement will be as tape friendly as they can make it, all but assuring a cut in January.

clowndom will likely be surprised at the market reaction...perhaps not the immediate reaction, but certainly the medium term reaction.


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