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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?


To: Lizzie Tudor who wrote (16431)3/13/2003 1:58:04 PM
From: techanalyst1  Respond to of 57684
 
Well......... the reason that I gave for that outside scenario was half joke and half a remote possibility. We have r/d down here from some of your companies like Symc.

Some of the ones you have bought out techs from down here (like Yahoo buying Geocities). If employees didn't want to transfer they got laid off. Most everyone I know chose to be laid off because the salaries were the same even though your cost of living due to your home prices are higher.

We do have some decent educational institutions here that companies can pull from (not the big names like Stanford), but I think if companies decided to move some r/d down here you'd have takers. It would be too difficult to move an entire company the size of csco or orcl though.

I think the more likely scenario is that people will take whatever jobs they can get and eventually it will settle out in equilibrium between employees/employers with the economy improving. What that does to your home prices, I don't know. Hopefully flat and not down.

TA