|
PureBytes Links
Trading Reference Links
|
Appearing as if on cue, I ran across the following at
http://moneycentral.msn.com/content/p30175.asp during my regular weekend
reading.
Our first reader writes: "In particular, the downsizing of the U.S. software
sector is occurring at a tremendous, yet remarkably under-reported rate. One
company, Quark, finished the transfer of engineering operations from Denver
to India this summer. A story in The Denver Post describes how the company
completed the first half of this move and 'promised' that rumors of a
complete transfer were exaggerated. A friend who worked at Quark this summer
reported that in fact, the rumors were the truth. The transfer of
engineering operations to India was completed in August. He and his
remaining colleagues were given two weeks' notice."
Earl
----- Original Message -----
From: "Earl Adamy" <eadamy@xxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Sunday, September 22, 2002 9:43 AM
Subject: Re: [RT] Service vs Manufacturing economy
> The US education system is neither as good nor as bad as some would have
us
> believe. The US remains a hotbed of engineering and scientific innovation
> and much of the required brains and education is produced right here in
the
> US. This is the reason that so many countries send their best and
brightest
> minds here to learn.
>
> It's true that we hear a lot about the shortage of talent in the high
> technology industry and the industry has done a good job of making its
case
> to the press and to congress via its lobbyists. The public seems to be
> mindless of the simple fact that the industry uses this "shortage" to
bring
> in hundreds of thousands of (relatively) low paid workers on "H" visas
even
> as large numbers of older technology workers were unable to find jobs. The
> ultimate irony is that many of these workers have learned US technology
and
> returned to their native countries where they are founding companies to
> compete with US based technology firms, especially in the software
business.
>
> Earl
>
> ----- Original Message -----
> From: "ira" <mr.ira@xxxxxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Saturday, September 21, 2002 6:57 PM
> Subject: Re: [RT] Service vs Manufacturing economy
>
>
> > Were is the talent coming from to operate the high tech companies? That
> > talent is coming from oversees. We can't even produce an intelligent
work
> > force. There is one ever expanding area of the economy. Tattoo parlors
> and
> > body piercing salons are popping up all over. Now there is a real
future
> > for your kids. Am I missing something here? Ira
>
>
>
>
> To unsubscribe from this group, send an email to:
> realtraders-unsubscribe@xxxxxxxxxxxxxxx
>
>
>
> Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
>
>
>
------------------------ Yahoo! Groups Sponsor ---------------------~-->
4 DVDs Free +s&p Join Now
http://us.click.yahoo.com/pt6YBB/NXiEAA/ySSFAA/zMEolB/TM
---------------------------------------------------------------------~->
To unsubscribe from this group, send an email to:
realtraders-unsubscribe@xxxxxxxxxxxxxxx
Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
|