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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Tenchusatsu who wrote (167085)	6/25/2002 5:48:37 PM
From: Jim McMannis	Respond to of 186894

RE:"Would you be willing to take a pay cut to keep your job if a foreigner offered to do it for less money?> ...Perhaps. All the more reason for me to stay ahead of the engineering curve. Wouldn't you agree? Got any more Republicrat scare tactics? I don't think you'ld like it one bit. But then, it always comes down to who's ox is getting gored. The worker wants job security and all the bennies...(don't forget the stock options) and the Company wants to maximize profits. The problems begin when the market gets tight. Been my experience that a lot of companies can't cut jobs fast enough or have to pay too many bennies, severences or golden parachutes. So rather than saving the company it's just gets driven into the ground...maybe even bankruptcy. Even now and then do you see a worker sacrifice for the company. Southwest Airlines comes to mind. This is one reason bubbles scare me...on the way up...the wages are raised and the bennies raised. On the way down...it's a big crunch. Jim