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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: westpacific who wrote (2342)3/11/2001 8:38:11 PM
From: jjetstream  Read Replies (1) | Respond to of 74559
 
<Was looking at old Digital Island, now a $2 1/2 dollar stock. Employees (last reported count): 900>

Interesting, at this point on the Layoff Thread, I feel the greatest percentage of layoffs are just that, layoffs and cost cutting.....sure, there are the ones that are from *Flop* companies, but I am thinking in the coming several quarters perhaps 6 to 8 full Q's, the number of layoffs (read: terminations) will spike high, due to the *discontinuation of operations*..........



To: westpacific who wrote (2342)3/11/2001 9:31:03 PM
From: TobagoJack  Read Replies (2) | Respond to of 74559
 
Once again, highly recommend the Philippines ... when compared to Montana,

... friendlier folks
... more cosmopolitan environment
... better weather
... probably better English
... next to ocean
... fresher seafood
... cheaper everything, including private armies
... but no real need for bunker mentality

See, I am ever the optimist happy-go-lucky sort, even if going into depressive doom.

An ex-US Airforce General working for a very large multinational once commented to a (ex-Marine) visiting VP of Human Resources "a vote for Jay Chen is a vote for the good life", as Jay the lowly employee told the VP (he irked me by prefacing his statement with "Jay, I am an ex-marine ..." where to get off the bus and equalize all China based expatriate employees' (regardless of national origin, be they US, Japanese, German, French, Australian, HK, Greek, Filipino or Trinidadian) company paid holidays. I, the China based financial officer of a subsidiary many layers down the pissing chart, simply asked the ex-machoman "how loud do you want me to yell at you and your boss?" and all was OKed. I then started visiting all the neighborhood islands. The General liked to visit Mexico where his wife was from.

Ecuador, with its possession of Galapogos islands, would be good as well. Different looking ladies, and excellent flower plantations. US$ 10k per year puts one solidly in the upper middle class. US$ 50k makes one a king, and kings live well everywhere except possibly Montana.

No offense to Montana intended, but I think they shoot kings there, don't they? Maybe I have been watching too much CNN.

Chugs, Jay