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


To: Amy J who wrote (172383)1/6/2003 11:50:18 AM
From: tcmay  Respond to of 186894
 
"The hiring at local companies started in Dec, though I doubt any company would admit they started hiring a bit again, since words like "hiring" and even worse, "expanding", are very bad words to use these days - the word "expansion" has the same ring to it as the word "Enron" in this climate. No one would want to be the first company to say they are expanding, as the E word carries risk given the public's anger over Enron. "

This is a strange set of statements. "Hiring at local companies started in Dec"? Why, I know of chip companies hiring in all months of last year.

No one saying they are expanding? I know of companies unafraid to state precisely what they are doing...I'm a seed round investor in one of them, and they are upfront about expanding.

As for the general notion that some kind of overall recovery started last month, we've heard this several times before (from various analysts and prognosticators).

--Tim May



To: Amy J who wrote (172383)1/6/2003 1:30:15 PM
From: Lizzie Tudor  Respond to of 186894
 
thanks Amy J!
I don't read the intel thread regularly so I wasn't sure where the read was on hiring or other sentiment... west coast, east coast... etc.

I agree about December- not a flood or anything, just a little trickle/interest. I know some companies like Autodesk put a bunch of very general reqs on hotjobs in December- the people inside Autodesk know nothing about this, to me it means the personnel folks are fishing for resumes knowing the tide is turning soon, even though Autodesk is not opening any reqs in the immediate term. There were a bunch of companies who put jobs out on hotjobs at the same time... same situation I'm sure. The good thing about hotjobs is you can search on a keyword these days and page back a few pages.... and you'll see absolutely no jobs listed from the August-November period and very few before that.

I think the networking equipment sector is still bad, although cisco issued more stock recently too. October I think.
Lizzie