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Technology Stocks : Mylex -- Ignore unavailable to you. Want to Upgrade?


To: Baker who wrote (1658)7/31/1998 5:38:00 PM
From: Baker  Read Replies (1) | Respond to of 1820
 
Eric, what's your opinion on this?

HEWLETT-PACKARD CO. (HWP: 56-1/2, - 3/4) said Thursday it will impose a three-month, 5 percent pay cut for about 2,400 mid- to upper-level managers as part of an ongoing effort to bring its costs under control. The latest cost cutting moves will be the first time since 1985 that the company cut salaries. See Full Story at infobeat.com.

Actually, HWP ended the day down 1 5/8.

MAYBE HWP COULD SAVE SOME MONEY IF THEY DROPPED THEIR CURRENT RAID SUPPLIER AND CAME BACK TO MYLEX!