TotalStock
15.01.2001, 23:22
MOT and COMS to cut jobs
Motorola just announced a large work force cut back. Also, 3-Com today announced a 20% reduction in their head count. Of significance today is also SUNW's downgrade today.
Last time I checked these kinds of announcements are not bullish for stocks.
What we're seeing may not be the end of an economic slowdown which will bring lower revenue, lower earnings and ultimately lower stock prices.
There are those who say the market is looking months ahead which it does. However, the slowdown may last a while, perhaps longer than the bulls may have anticipated. Just my 2 cents!
Quelle: CS und CBS
------------------
Make a good one.
TotalStock
Motorola just announced a large work force cut back. Also, 3-Com today announced a 20% reduction in their head count. Of significance today is also SUNW's downgrade today.
Last time I checked these kinds of announcements are not bullish for stocks.
What we're seeing may not be the end of an economic slowdown which will bring lower revenue, lower earnings and ultimately lower stock prices.
There are those who say the market is looking months ahead which it does. However, the slowdown may last a while, perhaps longer than the bulls may have anticipated. Just my 2 cents!
Quelle: CS und CBS
------------------
Make a good one.
TotalStock