How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 503.37

-1.6%

3:59 PM EST

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To: sandeep who wrote (54587)	12/20/2000 1:25:11 PM
From: Dan Spillane	Read Replies (1) of 74651

May of the foreign folks have been hired in recent months, taking a substandard wage to get the job in the US. Sure some of them have expected options to be worth something. Microsoft is getting a cheap labor pool with the excuse that there are so many positions open (that is what they told congress). I am told they hire about 1 percent of interviewees overall (99 not hired), but I also have some reason to believe it is much higher for foreign workers... It doesn't take a genius to figure out that you can get a foreigner to work for you cheap. Other industries have been doing it for years, such as agriculture. If you are hiring only 1 out of every 100 people that is hardly a shortage.

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