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Technology Stocks : LAST MILE TECHNOLOGIES - Let's Discuss Them Here -- Ignore unavailable to you. Want to Upgrade?

To: Raymond Duray who wrote (9073)	11/4/2000 2:19:55 PM
From: Frank A. Coluccio	Read Replies (1) \| Respond to of 12823

Ray, >>Consultants are the people that insecure and inferior managements hire to make them feel inadequate and inept.<< Me suggests that you analyze, do a breakdown of the constituency of large organizations today, especially in the johnny-come-lately megacos that have dwarfed their industry predecessors. See who the senior people are at the top of decision making processes. Don't be surprised if you find a majority of them being "consultants," for lack of a better term. Many of the others are recently converted to officer and employee status in order to take advantage of options plans and other perks, sometimes at the egregious expense of stock holders. I'm all for seeing personal wealth being generated, but I also recognize when some things get to the stage of being ridiculous. Today's startups and surviving older companies are not the same ones our parents knew, the ones that issued cradle to grave "slots" to "employees." Many so-called "consultants" pervade corporate America... they're all over the place filling would be employee slots for a plethora of reasons (even though they hold down common law employee status according to IRS guidelines, but prefer to test those rules in order to receive tax breaks that are at best questionable, even though they go unchallenged due to the number of cases that would be exposed <politically sensitive>), at every level of the organization. Anyone who is not presently classified as a W-2 is called a consultant and treated as one in many firms, come to think of it. Sometimes they are aggregated under body-shop structures, but the same ends result. Even in some building services departments, when temps are used to backfill during vacations, they say that they are going to get some consultants for the summer. The porters are mixed in with admin types, all part of the same consulting pot. Sorry to digress to this point, but the I find that the term "consultant" is bandied about to describe altogether too many positions, to the point that it is meaningless. Take the top-six rated alphabet soup "consultancy" that was bought into as a hired gun, as "consultants" after they received a Billion Dollar investment from the world's largest router vendor. Is this four letter acronym company to be trusted as an objective source for networking opinions, going forward? Forgive the rant. I woke up late today after an all night arm wrestling contest with a stuborn set of numbers, and figured this would be a good way to get the juices flowing... FAC