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To: Glenn D. Rudolph who wrote (65692)	6/30/1999 2:55:00 PM
From: KeepItSimple	Respond to of 164684

> Human interaction is required with 10 contracts or more. So? I got decent executions. My schwab ones actually returned faster than the full service ones. But of course, now the frikking market is reversing and we're back below 100. Maybe GST is right, I might dump the AOL calls as they're already about to go underwater.

To: Glenn D. Rudolph who wrote (65692)	6/30/1999 9:35:00 PM
From: GST	Read Replies (1) \| Respond to of 164684

Wednesday June 30, 8:41 pm Eastern Time Skilled Asian immigrants key to U.S. tech boom SAN FRANCISCO, June 30 (Reuters) - The U.S. high tech boom is increasingly driven by skilled immigrants from China, Taiwan and India, who now run one out of every four Silicon Valley companies, according to a study released on Wednesday. ''We are seeing dramatic evidence that foreign-born scientists and engineers are making significant and growing economic contributions,'' University of California researcher AnnaLee Saxenian said of her study, conducted for the Public Policy Institute of California (PPIC). Using a customized database, Saxenian found that in 1998 Chinese and Indian engineers were in charge of a total of 2,775 Silicon Valley companies, which accounted for $16.8 billion in sales and more than 58,000 jobs. The pace of immigrant entrepreneurship also appears to be picking up, she found. Chinese and Indian CEOs ran 13 percent of Silicon Valley companies launched between 1980 and 1984, but 29 percent of those started between 1995 and 1998. Saxenian said her research was aimed at demonstrating that immigrant entrepreneurs were just as significant in the high tech fields as they are in traditional immigrant industries such as small-scale retail stores and garment manufacturing. The study may also play a role in the debate over increasing the number of U.S. H1-B visas issued to highly skilled immigrants, the PPIC said, noting that the focus of discussion could shift from how foreign-born workers displace locals to how immigrant entrepreneurs create jobs, wealth, and global economic links. ''Immigrants are contributing to the dynamism of the Silicon Valley economy in unique and important ways,'' Saxenian said.