re: #150 3 wood

OT:

Odd day in the market.

So far today the following layoffs have been announced:

Caterpillar 20,000
Sprint 8,000
Phillips 6,000
Home Depot 7,000
Pfizer/Wyeth 19,000
Total 60,000

But, the market is in positive territory at the moment.

Everybody is trying to get their bad news out of the way now so they can have a shot at posting a good couple of quarters at the end of this year.

Like to know what each of these companies numbers were two years ago.

Pfizer (If I’m not mistaken) has some big patents going away.
Home Depot has been hurting for several years.
Sprint hasn’t had a great couple of years (landline business still hurts all telecom companies
Caterpillar has some ugly union contracts.

Are any of these shockers? I am concerned about my company too.