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Technology Stocks : Oracle Corporation (ORCL)

ORCL 227.00

-3.9%

Nov 12 3:59 PM EST

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To: ge who wrote (18274)	8/12/2003 4:21:42 PM
From: Lizzie Tudor	Read Replies (1) of 19079

And please don't tell me about all the omputer "professionals” that are unemployed. They were car mechanics and checkout clerks before they graduated from DeVry your bias and lack of knowledge about software engineers at least in Silicon Valley is truly amazing. But anyway, I am all for offshoring and in fact I work with some companies that engage in the practice. But dumping below market labor on silicon valley in the form of these L1 visas is unacceptable to me and apparently to congress too. The reason the visas were created was not to drop US wages to indian levels, the visas were started to deal with a shortage we had in skills here at the time. The shortage no longer exists, so visas are gone, good riddance. Again, companies are quite capable of offshoring any task they want - if the offshore team is good there should be no need to come here for "knowledge transfer". Just the fact that companies like Oracle feel the need to bring people here from india for "training" invalidates the "no adequately trained candidates" byline right there.

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