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Strategies & Market Trends : Electronic Contract Manufacture (ECM) Sector -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (2532)6/21/2002 3:14:34 PM
From: rich evans  Read Replies (1) | Respond to of 2542
 
Paul, what bothers me is that last quarter they said a total of 350 mill restructure with 175 mill in Q2 and 175 mill in Q3 just ended. Instead they took 313 mill instead of 175 mill in Q3 and promised another 150 mill in Q4 and beyond. It keeps getting worse. They were supposed to take out 3.5 mill square feet. Now it is 8 mill sqft and head count reduction also much larger. You wonder when it will all end.
Rich


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