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Technology Stocks : Nortel Networks (NT) -- Ignore unavailable to you. Want to Upgrade?

To: Andrew who wrote (11694)	9/1/2001 5:49:16 PM
From: Frank Pembleton	Read Replies (1) \| Respond to of 14638

fw more years of down and about 10 years of sideways The only thing I would change about what you've just said is the above sentence. We will get one more parabolic drop followed by a multiyear slow, grinding bear market mixed in with a few suckers rallies. More or less resembling a bell curve. JMHO :) That'll teach 'em! Regards Frank P.

To: Andrew who wrote (11694)	9/4/2001 10:08:13 PM
From: Bob Duncan	Read Replies (1) \| Respond to of 14638

I have to disagree Andrew. Getting a job in tech is more challenging, that is certain. The company I work for no longer has to offer 60K+ to a 22 year old computer science major with no real world skills. Instead, we can offer 80k - 110K for software developer positions and get many very well qualified applicants resumes. What we have seen is an INCREASE in the quality of technical types for the same salary. I believe the people really hurting now are mostly new college grads in computer science, and they are only hurting in the sense that they are getting offers in the 40's, instead of the 50s - 60s. Still not a bad starting salary for a kid out of school, and still blows away anything a new liberal arts grad can command these days. Of course, right now, the sky is falling. Technology isn't going to disappear though. I'm 26 and pull down 110K as a developer because I know what I am doing. (I know that is pocket change to most here) Then again, I work for an old economy stock that has more business then ever. At any rate, all the market is doing, at least in the NYC area, is preventing people with little to no technical skills from getting technical jobs. That is a good thing for everyone involved, except those with little skill hoping to break into the technology industry. JMHO.