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techno_bull

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techno_bull

Re: borusa post# 127803

Saturday, 01/18/2014 2:09:27 AM

Saturday, January 18, 2014 2:09:27 AM

Post# of 151693
Wall Street loves layoff announcements. Lowering the bottom line increases profit margins so that announcement generally boosts the stock price. I would have preferred Intel waited until after the dust settled following earnings day to announce the head count reduction since then we have probably got a slight pop.
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