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From Friday's Houston Chronicle:
"Ashford.com to cut Work Force, Products".
Ashford.com to lay off 20% of its work force and cut the number of items it offers by 25% in an effort to keep on course for cash profitability by year's end.. Pre-1980's vintage watches will be eiminated and the company will reduce the number of watch brands it carries by 30%. Shares closed down $.10/sh to $.34/sh. Prices of discontinued items are to be slashed significantly.
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