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To: fedhead who wrote (17799)	8/13/2003 10:53:28 PM
From: Immi	Read Replies (1) \| Respond to of 57684

Tell that to my friends who have been displaced by Business visa folks that is a sham. We have lost a lot of jobs my friend. It his happening everywhere. If jobs are lost, in the long run our growth will be slow. Barriers, have to come up quick and fast or make it a level playing field by floating the Rupee... You have to be in my industry to see it happen. Just last week we had a layoff. All american workers were laid off. Why to pay for the fleet of programmers coming at cheaper rates. O.K we have read about it day in and day out. But my friend we have to live with it. It will impact you directly or indirectly no matter what you do. It is a different matter if work is outsourced if there is a surplus but not when engineers are sitting at home for 1 year plus with no jobs.... Just my 2 paisa's worth. Regards, Immi

To: fedhead who wrote (17799)	8/14/2003 1:01:20 AM
From: Lizzie Tudor	Read Replies (3) \| Respond to of 57684

As long as the visas get shutoff in a month I'm fine with US competitiveness. Should U.S. technology jobs go to India or other offshore countries that work for pennies to the dollar? Some items were buried in the quarterly report from Hewlett-Packard's recent conference call. One we noted was the continued firing of H-P employees in the U.S. -- about 18,000 merger casualties will limp away bloodied and bruised from the H-P/Compaq merger. The flip side of this was H-P's announcement buried in the quarterly report of continued hiring of offshore employees such as those in India. Somehow we doubt the company that Hewlett and Packard founded in that Palo Alto garage several decades ago when Silicon Valley was still orchards would warm to the thought of firing folks at home and replacing them with foreign workers who cost about 1/10th as much to employ. If so, they would have probably moved to Bombay and started the company there. Why mess with California's high cost of living in the first place? 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. American executives who are looking to dress up their numbers to boost their stock prices by firing Americans and hiring cheap offshore workers should really consider what effect this could have on the U.S. economy. Legislators also need to consider this and some already are. siliconinvestor.com