The Good-The Bad and The Ugly Message Board

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Strategies & Market Trends : The Good-The Bad and The Ugly

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Nov 21 4:00 PM EST

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To: Tim Luke who wrote (4278)	11/28/2000 9:49:49 AM
From: Win-Lose-Draw	Read Replies (1) of 8686

Re: .Com layoffs I have a dot.commer of a buddy who's currently looking to switch companies. While he isn't having trouble finding new places to work, he is having trouble meeting his salary expectations. And he is rather disappointed that no one has offered him a new Z3 as a signing bonus. It's not exactly a bloodbath out there, but it certainly isn't the same job market it was a year ago, at least not for dot.com types. My company also shares a building with a Paul Allen funded dot.com startup that is now doing the 14th-storey swan-dive. I'm not the least bit surprised, because they were burning cash like they were Alan Greenspan and could print up more whenever they wanted it. The furniture they had! Wow! My company is profitable, and we work in hand-me-down generic gray cubicles that fell of a garbage truck on its way to the dump, but these clowns never made a dime and had beautiful cherrywood and mahogany desks and Herman Miller chairs and monster-sized flat-panel tv screens and floorlamps with tissue-thin copper shades hammered out by hand by little Italian ladies in San Marino and... ...and no wonder they went broke. The only stocks I want right now are QCOM and PALM, both of which should be significantly cheaper in the near future.

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