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Technology Stocks : How high will Microsoft fly?
MSFT 506.04+1.8%3:59 PM EST

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To: X-Ray Man who wrote (5429)3/10/1998 1:36:00 PM
From: Tom Kearney  Read Replies (1) of 74651
 
X: I agree with you pretty much completely. But, here is what I think is driving all this, now.

The U.S. is estimated to be at least 200,000 tech workers below demand, and many of those are in the software industry. And the problem is only getting worse. Minneapolis for example, which, though no Silicon Valley, has a substantial high tech industry. Yet the state of Minnesota graduated something like 46 comp sci majors last year, and the states' high tech industry is hurting. It takes longer to train someone on UNIX or a mainframe than NT. As NT gets more sophisticated and tech workers rarer and more expensive, it becomes part (certainly not the whole) solution for the worker shortage to have them work an a familiar operating system. (PSFT and SAPHY are other parts of the solution.) The $100,000+ per year to pay ONE experienced software developer can buy an awful lot of hardware and software these days. The ease of use of software becomes more important than the efficient use of the hardware.

BTW, I was using VM/MVS at a major international financial institution. Yeah, they were pretty much out of date.

Regards,
TK
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