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----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
Earl Adamy
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx
Sent: Sunday, September 22, 2002 1:07
PM
Subject: Re: [RT] Service vs
Manufacturing economy
Appearing as if on cue, I ran across the following at<A
href="http://moneycentral.msn.com/content/p30175.asp";>http://moneycentral.msn.com/content/p30175.asp
during my regular weekendreading.Our first reader writes: "In
particular, the downsizing of the U.S. softwaresector is occurring at a
tremendous, yet remarkably under-reported rate. Onecompany, Quark,
finished the transfer of engineering operations from Denverto India this
summer. A story in The Denver Post describes how the companycompleted the
first half of this move and 'promised' that rumors of acomplete transfer
were exaggerated. A friend who worked at Quark this summerreported that in
fact, the rumors were the truth. The transfer ofengineering operations to
India was completed in August. He and hisremaining colleagues were given
two weeks' notice."
Another version of the "big
sucking" sound that is also being implimented by the "big
boys."Earl----- Original Message
-----From: "Earl Adamy" <<A
href="mailto:eadamy@xxxxxxxxxx";>eadamy@xxxxxxxxxx>To: <<A
href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx>Sent:
Sunday, September 22, 2002 9:43 AMSubject: Re: [RT] Service vs
Manufacturing economy> The US education system is neither as
good nor as bad as some would haveus> believe. The US remains a
hotbed of engineering and scientific innovation> and much of the
required brains and education is produced right here inthe> US.
This is the reason that so many countries send their best
andbrightest> 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 itscase> 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"
tobring> in hundreds of thousands of (relatively) low paid workers
on "H" visaseven> as large numbers of older technology workers were
unable to find jobs. The> ultimate irony is that many of these workers
have learned US technologyand> returned to their native countries
where they are founding companies to> compete with US based technology
firms, especially in the softwarebusiness.>>
Earl>> ----- Original Message -----> From: "ira" <<A
href="mailto:mr.ira@xxxxxxxxxxxxx";>mr.ira@xxxxxxxxxxxxx>> To:
<<A
href="mailto:realtraders@xxxxxxxxxxxxxxx";>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
intelligentwork> > 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 realfuture>
> for your kids. Am I missing something here?
Ira>>>>> To unsubscribe from this group,
send an email to:> <A
href="mailto:realtraders-unsubscribe@xxxxxxxxxxxxxxx";>realtraders-unsubscribe@xxxxxxxxxxxxxxx>>>>
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