Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: energyplay who wrote (37151)	8/12/2003 11:30:50 PM
From: TobagoJack	Read Replies (2) of 74559

Hi EP, I spoke with three software guys (finance, techie, marketer) from California-based mature mid-sized portal software outfit (target market are corporates needing collaborative work platform) wishing to tap the China market, and they say they know things are bad in the valley, giving examples of bad times. I spoke to a California dentist, and he tells me that his normally recession-proof business is down by 10% due to folks not having jobs, lost health benefits, etc. I spoke to my cousin who is a insurance niche product developer (target market = corporates), and he says folks are simply waiting for housing implosion. <<Interviewing activity is way up in Silicon Valley>> ... So, the question would be, what are people signing new jobs getting paid relative to old jobs? I do not see any reason for acting on hope. Chugs, Jay

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