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Strategies & Market Trends : Range Bound & Undervalued Quality Stocks -- Ignore unavailable to you. Want to Upgrade?


To: JakeStraw who wrote (4276)4/19/2001 10:52:17 AM
From: BWAC  Read Replies (2) | Respond to of 5499
 
Going to have to be a hostile because the idiot management wouldn't take $30 or $40 or $50 when they supposedly had the chance. And I think a hostile for $20 right now, right today would win the shareholder support and vote.



To: JakeStraw who wrote (4276)4/22/2001 11:55:43 AM
From: Esway  Read Replies (1) | Respond to of 5499
 
cbs.marketwatch.com

<<<But in the past few weeks Corporate America, witnessing the volume of incoming orders shrink and profits falling well below expectations, accelerated the pace of job cuts.

Payrolls fell in March by 86,000-the biggest monthly decline since 1991, while unemployment rose and first-time claims for jobless benefits suddenly shot up to nearly 400,000 per week. That's a level that usually precedes the onset of a recession.

Not surprisingly, this development depressed consumer confidence-which had just shown signs of bottoming out-and with it retail sales. With consumer spending, which accounts for two-thirds of all economic activity, finally beginning to decline, the U.S. seemed more likely than ever to slip into a recession.>>