Hiding Bear Posted February 17, 2004 Author Report Share Posted February 17, 2004 Brian, Here's another biggie!! 5:22pm 02/17/04 Tyson to cut 6,000 jobs (TSN) By William Spain CHICAGO (CBS.MW) -- In an attempt to rein in costs, Tyson Foods will cut its work force by 5 percent, or about 6,000 people, "primarily through attrition," the company told a Tuesday gathering of anal cysts in Arizona. The meat behemoth will also spend almost $70 million to further automate some of its facilities this year, company executives told the Consumer anal cyst Group of New York conference in Scottsdale. Shares of Tyson (TSN) , hit earlier by a federal jury's recommendation of $1.3 billion in damages in a cattle-price-manipulation case, closed down 1 percent at $16.21. Tyson Statement On Alabama Jury Verdict DOW JONES NEWSWIRES By Richard Gibson Of DOW JONES NEWSWIRES DES MOINES, Iowa -- Tyson Foods Inc. (TSN), contending it was "caught in the middle" of a dispute over cattle-marketing procedures, vowed to appeal a jury's $1.28 billion judgment against it Tuesday. An Alabama federal court jury handed up what the meat-processing giant called an "advisory" award in an eight-year-old case brought by a group of cattlemen alleging cattle-price manipulation. "This is only a temporary legal setback" that won't "materially impair our liquidity or affect operations," the Springdale, Ark., company said of the decision, which involves a case it inherited when it purchased beef processor IBP Inc. in 2001 This $1 billion judgement - It's just a flesh wound, we've had worse! Link to comment Share on other sites More sharing options...
HiHat Posted February 17, 2004 Report Share Posted February 17, 2004 MauiBear Link to comment Share on other sites More sharing options...
Guest Posted February 17, 2004 Report Share Posted February 17, 2004 I've been short 4000 shares of TSN for the past few days. They've been propping the hell out of it, but it's going to fall. Mad Cow, Bird Flu, Layoffs and Federal Jury Awards can't all be bullish. http://139.142.147.218/StockChart_ImageOnl...=INX&ref_rate=0 Link to comment Share on other sites More sharing options...
FeedFool Posted February 17, 2004 Report Share Posted February 17, 2004 Soup you need to calm down. It?s all going end badly but when that is the $100 Trillion question. Higher they take it bigger the splash. Just watch the Election erection cycle. Does he end up with the eggs on his face during the campaigns or after? Link to comment Share on other sites More sharing options...
Guest yobob1 Posted February 17, 2004 Report Share Posted February 17, 2004 Hey Brian, I'm selling a new 5th wheel to a gentleman from Delta B.C. What I need to know is should I accept payment in loonies or beaver pelts? The thought of all those bald beavers running around the North woods is disconcerting (though some prefer the smooth look) but I'm retiscent to accept anyone's paper these days. Link to comment Share on other sites More sharing options...
brian4 Posted February 17, 2004 Report Share Posted February 17, 2004 If I was a Bull I would be scared shitless about todays volume which was pathetic. The Double top in the Spoo's would also concern me greatly-but BULLS don't worry-do they?? Link to comment Share on other sites More sharing options...
brian4 Posted February 17, 2004 Report Share Posted February 17, 2004 Yo Bob-Silver Maples would be good payment and more liquid than pelts, get him to throw in some good beer too. Plunger- your short of TSN is a smart move-methinks. Link to comment Share on other sites More sharing options...
brian4 Posted February 17, 2004 Report Share Posted February 17, 2004 Feed- Soup is ok he is just frustrated-plus Hi Hat keeps knocking him down in that video, Link to comment Share on other sites More sharing options...
brian4 Posted February 17, 2004 Report Share Posted February 17, 2004 Well TE double top by 9 cents?? Link to comment Share on other sites More sharing options...
The End Posted February 17, 2004 Report Share Posted February 17, 2004 I'm still trading this but, Brian is correct about the volume today and the bottom can drop out at any time. Sold CALM at $42.5 today and bought a pawn broker. Check this out, It's trading at a market cap. of 140 million and did 207 million in rev. last year. EZPW. Don't follow me. I am not a YANKEE fan. Link to comment Share on other sites More sharing options...
brian4 Posted February 18, 2004 Report Share Posted February 18, 2004 Again if I was a Bull-todays p/c ratio of 0.56 woulds scare hell out of me-but as I said earlier bulls-don't worry! Link to comment Share on other sites More sharing options...
Guest Posted February 18, 2004 Report Share Posted February 18, 2004 Silver now at 6.81. Link to comment Share on other sites More sharing options...
DrStool Posted February 18, 2004 Report Share Posted February 18, 2004 Your Anals are loaded. Take a subscribatory and download RIGHT NOW! 15 Day Intro Subscribatory. Just $2.99! Get In RIGHT NOW! Link to comment Share on other sites More sharing options...
brian4 Posted February 18, 2004 Report Share Posted February 18, 2004 $ getting whacked-other than that it is to quiet-eerie quiet! Link to comment Share on other sites More sharing options...
The End Posted February 18, 2004 Report Share Posted February 18, 2004 Doc, How about a CMAP for EZPW, A month out? I see 14-15. Link to comment Share on other sites More sharing options...
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