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RT's,
Unions invading the world's largest retailer is an extremely relevant topic
to post on Realtraders. Labor cost is usually the first or second largest
expense for any business. Maybe this is why Wal-Mart stock is down 28% from
its 12-31-99 all-time high.
Unions impose an artifically high costs (labor, legal, and administrative)
on businesses and those increased costs will ultimately be passed on to
consumers. But maybe this isn't important because everyone knows that
Greenspan doesn't put any emphasis on Labor Cost in determining Fed policy.
Sincerely,
Howard
>From: "Paula" <hotair003@xxxxxxxxxxxxx>
>Reply-To: hotair003@xxxxxxxxxxxxx
>To: <realtraders@xxxxxxxxxxxxxxx>
>Subject: [RT] Fw: GEN: Workers at Walmart..
>Date: Thu, 17 Feb 2000 23:03:35 -0000
>
>
>----- Original Message -----
>From: Paula <hotair003@xxxxxxxxxxxxx>
>To: <joe6964@xxxxxxxx>
>Sent: Thursday, February 17, 2000 11:02 PM
>Subject: Re: [RT] GEN: Workers at Walmart..
>
>
>Can we please keep these types of issues off the list? It's like mixing
>religion and politics at the family Thanksgiving table. Thanks.
>Paula
>----- Original Message -----
>From: Joe Frabosilio <joe6964@xxxxxxxx>
>To: <realtraders@xxxxxxxxxxxxxxx>
>Sent: Friday, February 18, 2000 4:38 AM
>Subject: [RT] GEN: Workers at Walmart..
>
>
>
>
>Vote Yes on UNION. This is a first for Walmart. Local News just
>reported it, I think the city is Jacksonville, Texas.
>
>I'm in the Dallas/Fort Worth area and local news channel 5 just reported
>it.
>
>Lets see what happens.
>
>Joe Frabosilio
>
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