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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: J. P. who wrote (38278)	4/7/2001 10:15:01 AM
From: tony	Read Replies (1) \| Respond to of 50167

J.P. If you are independent contractor then your days will be over soon and you will be one of those layoffs. Dynamics of computer consulting has changed with ready available of resources from india. I can almost bet cyber quarter that intc will not be able to meet projections and will not have rosy forecast for the future, amd is giving real competition. Also, intc has been cooking books for long by using investement from dot.com to jack up EPS, now dotcom is dirtcom, intc has serious problem. Same with GE, it cannot have growth in this layoff & wages reduction environment, most of the households have lots of stuff. Your days of independent contractor may be over soon then you can imagine, good luck.

To: J. P. who wrote (38278)	4/7/2001 10:33:46 AM
From: jjetstream	Read Replies (2) \| Respond to of 50167

<hopefully those getting laid off have some inkling and are prepared skillwise and moneywise> Yes, hopefully that is true, however, if the last several years of spending is any indication, then they are in trouble.....consumer debt is rising....retail spending is still strong (although weakening).....AND, most recently, the new trend is towards forced pay cuts versus layoffs....the skills may be there, however in a contracting economy, it would seem to me that the moneywise is the most important factor to be proficient in....