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Technology Stocks : PSFT - Fiscal 1998 - Discussion for the next year
PSFT 0.00010000.0%Oct 29 5:00 PM EST

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To: aps who wrote (2424)10/2/1998 5:32:00 PM
From: Lizzie Tudor  Read Replies (1) of 4509
 
aps, I think readjusted. Others here please comment. Im from backoffice and we are getting hit the worst. Frontoffice is better off, and you know Oracle has a bunch of activity in front office so maybe they are better off. I dont know what to think about consulting rates. Yes they are still high - but, its not as robust as it was.

On consulting rates, one interesting point from my mathematics past. When ERP consulting started the rates were almost as high as they are today. This was 1994/95. The job market in Ca was not as tight. As the job mkt has tightened, the ERP rates havent climbed really. My theory is that it is the overall labor market keeping the rates up vs. the demand for the skills, which was the case in 94-95-96.

Oracle has some good things going with 8i remember so dont let this psft mess get you down.
Michelle
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