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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 683.21

+0.2%

Jan 2 4:00 PM EST

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To: j g cordes who wrote (36602)	4/1/2002 2:38:27 AM
From: Johnny Canuck	of 69423

>>Another worrying sign is the exodus of employees from >>leading storage-industry companies. While EMC, Network >>Appliance and Veritas would have us believe they have >>simply been prudently cutting nonessential employees, the >>truth is that many senior, experienced employees, >>disillusioned with underwater stock options, are bolting >>for the exits. And the longer the current market >>conditions persist, the more the talent will walk. There aren't that many places to go, so I doubt this is as much a factor as the article is trying to make out. Some of the best may go to new start ups, but we all know that the financing of new start ups is tough in the current market conditions. This makes a intersting case for outsourced services such as those offered by IBM and EDS. Though EDS would probably be too expensive for most small to medium sized companies. So who is around to fill the gap???

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