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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (12341)	3/10/2001 11:21:31 AM
From: Zeev Hed	Read Replies (3) \| Respond to of 30051

No they did not, that is an exogenous effect. What do you think would be the impact of a strike or the avoidance of a strike? Zeev

To: mishedlo who wrote (12341)	3/10/2001 11:53:23 AM
From: Logain Ablar	Respond to of 30051

m: From my readings when Kennedy backed the unions agains US Steel in the early 60's that was the straw to break down the nifty 50. This first block was anticipated (I read about this over a month ago) what happens in 60 days will be the issue. T

To: mishedlo who wrote (12341)	3/10/2001 8:10:49 PM
From: pompsander	Read Replies (1) \| Respond to of 30051

"Why is it these idiots strike whan they are least needed. Airline traffic is down and now they strike." Not that simple. Labor contracts have terms, which must be honored. The unions try to time work stoppages when they will cause the most harm, within their powers. Christmas, Thanksgiving, Easter....all have more oomph than others. While I tend to be pretty neutral on labor/management issues, I will say that the way Northwest has treated its long term employees, all of whom took pay cuts and freezes to keep the airline in business....with promises from management to return the dough when times got better...is terrible. After bonuses of millions were paid to the "geniuses" in management who "saved" the airline, the company wanted to back out of the promises for the workers. The unions don't trust Northworst, and never will..with reason. end of rant.