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To: robnhood who wrote (13538)6/20/1998 12:10:00 PM
From: Amelia Carhartt  Respond to of 116764
 
Not only are they not talking about GM and the 100k+ layoffs but they are not commenting on the layoffs now accompanying reduced earnings announcements. Lockheed announces they are laying off 2,500 in Sunnyvale. Wall street seems to love mergers but mergers are for the purposes of corporate efficiency not labor. Greenspan, finally , publicly announces we have a dream economy that can go nowhere but up. Was that the a signal the cycle has topped?