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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: limtex who wrote (40922)	9/4/2001 12:01:37 PM
From: Jim Willie CB	Read Replies (1) \| Respond to of 65232

Fidelity soon to lay off in Boston just got email from friend who works there word has come down that layoffs are upcoming uncertain as to numbers, depts, but a certainty my gut tells me that in the spring and summer, many employers held back in laying off workers some expected a 2ndHalfRecovery some wanted to play it safe in case a recovery ensued now that a recovery is not happening, I expect large shedding of jobs this will take the housing market down with some clear recognized momentum in Boston, as financial services go, so goes the residential market tech used to be king, with Digital, Raytheon, et al times have changed as mfg has yielded to services and financial services is the leader, with consulting also e.g. Fido, StateStreet, brokerage, Hancock, insurance my own consulting field has dried up even the stellar field of statistics is seeing job cuts when a client dies, so goes its consultant Fido could unleash a flood of property sales strangely, the Third Harbor Tunnel is keeping bluecollar real busy pardon my metaphors / jim