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To: bonnuss_in_austin who wrote (13474)5/8/2001 8:24:11 AM
From: bonnuss_in_austin  Respond to of 13572
 
Dell Layoffs Rattle Employees ... and Round Rock mayor:

austin360.com

Entire text of Dell management memo to employees -- "Winning in a consolidated industry:"

austin360.com



To: bonnuss_in_austin who wrote (13474)5/8/2001 10:11:01 AM
From: freeus  Respond to of 13572
 
But B, there are other stocks to make money in besides tech:
Ally has done well over the last months
Hov has also and is beginning to break out in earnest
Look at nvr (wish I'd bought it!)
And so on.



To: bonnuss_in_austin who wrote (13474)5/8/2001 12:52:00 PM
From: pbull  Read Replies (3) | Respond to of 13572
 
This is exactly what I was leading up to some weeks ago. What happens to a former Dell IT manager who loses his job? Where does he find a similar job in or near Austin?
Now we know. If he's lucky, he can sell lawn sprinklers.
Austin's a great place, don't get me wrong. But the law of gravity still exists, and booms will be followed by busts, and here we have all the ingredients of a Texas-style bust.
OK, so, what message does this send to those thousands of college grads who are about to enter the job market, with their degrees in IT or whatever?
Yep. The message is, good luck.

PB