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Technology Stocks : Oracle Corporation (ORCL) -- Ignore unavailable to you. Want to Upgrade?


To: Lizzie Tudor who wrote (18285)8/13/2003 1:48:24 PM
From: ge  Respond to of 19079
 
Lizzie, I didn't say PhDs. I said higher degrees in math or physics or a similar science from reputable institutions. Lets put it this way, I’ll bet that MIT grads will have no problem getting a job after graduation. Our education system has become so corrupt that just any PhD will get you a job at Home Depot.



To: Lizzie Tudor who wrote (18285)8/13/2003 2:19:00 PM
From: Lizzie Tudor  Read Replies (1) | Respond to of 19079
 
CEOs are losing their clout with Americans, Congress and even WS over this offshoring issue. I echo this sentiment towards Larry. If Oracle isn't going to create jobs here and pay taxes here they should move to India.

In fact, H-P CEO Carly Fiorina may want to consider moving to New Delhi also. Her $4.2 million salary last year could buy an entire town over there and turn all the people into indentured servants.

Or, perhaps the solution is much simpler. Fire Fiorina and hire one of the top executives from a company such as Satyam (NYSE:SAY) which is a leader in outsourced information technology. They must be willing to work twice as hard for 2% of what Carly makes.

Satyam's CEO pay listed last year was $84,000. He's working for 2% of what Carly made last year.

Toss in Carly's generous stock package and half of India could work for H-P for what Carly makes now.

Nothing against India or any other country working the outsourced channel. But U.S. executives with what I consider exorbitant pay packages (stock included) seem a little too laissez-faire about taking jobs offshore.

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