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Technology Stocks : Wind River going up, up, up!

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To: Pirah Naman who wrote (3438)7/21/1998 10:42:00 AM
From: Mitchell Jones  Read Replies (3) of 10309
 
>>As you have written, WIND's resources are its people. What is the cost of those resources? What will be the future cost of those resources? Profits are a function of (among other things) costs.<<

A CNBC correspondent reported this morning that England is losing computer talent at an alarming rate-- to Russia.

He indicated that Russia is paying the equivalent of $100,000 tax free with travel, housing, and medical care thrown in.

Reports such as this merely confirm that programming talent is in a sellers market and the price keeps going up! The new facilities that WIND is building, as well as the stock options, are part and parcel of the effort WIND is making to secure the talent required to maintain the leadership in a very competitive field.

To imply that the price is too high is to infer that we know better that Bill Gates or Jerry Fiddler( or any of the other industry exectives caught up in this competitive market), how to cope with this talent squeeze.

I find the current discussion interesting;however, unless someone has useful advise for the company, I suggest we treat it as a friendly academic exercise and accept the facts as they are.

Mitch
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