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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: Think4Yourself who wrote (6286)7/27/2001 10:36:25 PM
From: Gottfried  Read Replies (1) | Respond to of 23153
 
John Q., thank you! The article puts it all together. I have started some limited options trading in tech companies where I would not mind holding the in-the-money '03 call if it turns against me. So far one week was the longest holding time. [NVLS, gain of 18% before taxes].

The article said >Even mighty Microsoft said Thursday that it will add fewer than 4,000 jobs between now and June--half as many as it added in the previous year.<

Speaks well for Microsoft that they are hiring. They must expect somebody will buy a new PC.

Gottfried



To: Think4Yourself who wrote (6286)7/28/2001 12:39:44 AM
From: Gottfried  Respond to of 23153
 
John Q., here's a handy table of recent layoffs, half of them in telecom. biz.yahoo.com

Gottfried



To: Think4Yourself who wrote (6286)7/31/2001 12:45:06 AM
From: Raymond Duray  Read Replies (2) | Respond to of 23153
 
JQP,

Re: A Bad Day for Tech: 31,000 Jobs Slashed

Before we all head for the bridges and window ledges, it's a good idea to see how this played out in previous recessions. Then, only about 40% of the announced layoffs were actually attrited. So, there is a silver lining to all this angst were going through now. Just as the bubble was illusory, so now is most of the hand-wringing on the part of senior management which serves two purposes, it sullies Mr. Market into some complacency regarding cost containment within the corporation, and it definitely cracks the whip on the staff, who, when they aren't totally demoralized, are competing to be among the survivors. A classic twofer.

Cheerio, Ray