2000 Date-Change Problem: Scam, Hype, Hoax, Fraud Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : 2000 Date-Change Problem: Scam, Hype, Hoax, Fraud

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Bill Wexler who wrote (111)	10/2/1997 1:05:00 PM
From: David Eddy	of 1361

Bill, The myth of the COBOL programmer shortage. The shortage may or may not be real. I can only speak for myself. I saw the writing on the wall 10+ years ago & left programming. At a certain point one either moves over to management, or retires to sit quietly in the corner. Only 20 year olds are smart enough & worthy of being trained in the magic new tools. (Besides, they're cheap & don't talk back.) I have spoken with a friend who's accustomed to hiring contract programmers (not necessarily just COBOL). He said that he's seen the hourly rate that he has to PAY to get people move from low $40s a few years ago to the $80s/$90s range. One of the clever, but misleading arguments bandied about by stock hypesters I was thinking about this whole thread... I see a clear distinction between the reality & enormity of the Y2K problem and the fact that it blasts open wide doors for phenomenal stock "scams" (attach whatever meaning you want here). Grossly over inflated stock prices and a real Y2K problem are two different issues. Related, but different. Can we agree on that? David

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next