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To: Johnny Canuck who wrote (37634)7/15/2002 11:58:52 AM
From: Return to Sender  Read Replies (1) | Respond to of 68145
 
From Briefing.com: Fed rate cut rumors

Rumors that the Fed might cut rates are giving the market a lift off the lows; rumors apparently emanated from S&P futures pits. These rumors should be taken with a huge grain of salt - stock investors often like to think that Fed policy is conducted for the benefit of the stock market, but in fact the Fed focuses on the economy, and with the economy performing reasonably well right now, a rate cut is unlikely.



To: Johnny Canuck who wrote (37634)7/15/2002 3:55:55 PM
From: xcr600  Read Replies (1) | Respond to of 68145
 
can anyone help him out? thanks
Message 17738295

xrc600,
long time :)
would you happen to know where I can get a list of publically traded software companies? NASD is ok, but can't find it on their site for some reason
SEBL>$3 and beyond imho
regards,
ynot :)



To: Johnny Canuck who wrote (37634)7/16/2002 2:29:31 AM
From: Johnny Canuck  Read Replies (1) | Respond to of 68145
 
Tuesday July 16, 1:32 am Eastern Time
Reuters Business Report
WSJ: Intel May Announce Layoffs

NEW YORK (Reuters) - Intel Corp. (NasdaqNM:INTC - News), the world's No. 1 chipmaker, may be on the verge of announcing massive layoffs or other cuts amid a slow market for personal computers, the Wall Street Journal reported on Tuesday.
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Intel's chief executive officer, Craig Barrett is scheduled to speak to employees after stock markets close, and about the same time as the chipmaker discusses its second-quarter results in a conference call with analysts, the paper said.

Intel declined to comment on what Barrett will discuss, nor on the possibility of any work-force reduction, though word of the speech spread on Monday after a published research note from Jonathan Joseph, an analyst at Salomon Smith Barney.

Joseph and other analysts said they had no direct knowledge of Intel's plans, but said they would not be surprised by a substantial belt-tightening move, according to the Journal.

Joseph noted the last time Barrett addressed the company, shortly after the Sept. 11 attacks, the CEO observed that Intel's headcount was about 20,000 higher than it was three years ago -- when revenues were about the same level as last fall. The implication, Joseph said, was the company's work force would have to shrink if revenues didn't rise.

At the end of the first quarter, Intel had about 83,000 employees, down from 86,000 at the end of 2000.