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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Proud_Infidel who wrote (36379)	8/9/2000 1:09:24 PM
From: Kirk ©	Read Replies (4) \| Respond to of 70976

Anecdotal Story I went to a party Saturday with many that work in the Fiber Division at Agilent. I worked there for many years and left to do my own thing 20 months ago. I still see many on a regular basis. With that said... What amazes me that makes me feel "somethign is different this time" is that the my friends there and at other companies like Intel and Cisco are ALL working hard AND having fun. This is the mid level engineer/manager/secretary types. At the party, people were not griping about the A stock that went to $160 then back to under $40. They actually seemed happy it was low as it meant they could accumulate MORE with stock purchase plans and ESOPs at lower prices. They plan to be there 5 to 20 years and know a good value when they see it. I think the people that are nervous are the ones that jump from company to company for the best short term option package and are not concerned in the same way about building something for the long term. Even at the "nut stock" I write for and help with odd chores, our stock is off 90% and nobody panics, just continues to work hard and invest for the future. What seems common when I talk to them is the almost limitless opportunities they all see for their careers and the business in general if they just get the needed education to move on or just continue to work hard. One friend is actually putting off early retirement as he is having so much fun working! I started to invest in this sector in 1995 as I think it will replace the auto and airline stocks as anchors for American Power and importance. It is nice to be associated with many here that ALSO look to the long term. (I also enjoy a bit of playing the in-and-out to add some return with "fun money"). FWIW Kirk out PS For the new people, I try to archive some of the better links here: pw2.netcom.com The Infrastructure guide to the Chip-making process is a must read if you are not familiar with the processes and Gottfried's charts are another highlight.