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To: Victor Lazlo who wrote (159124)	8/28/2003 8:37:06 PM
From: Lizzie Tudor	Read Replies (3) \| Respond to of 164684

no it isn't Victor, I am involved heavily with offshoring, the fact is that the internet enables it, this is something of a productivity boost for business, it has nothing to do with the "bubble". If offshoring was possible in say 1987, and companies could cut costs by 90% by hiring offshore workers, I can assure you they would have done it. What about the bubble caused this phenomenon then, you tell me. The only relation I can see that is a direct link to both offshoring and the bubble were all the visa holders. Even that is a dotted line. Some people like the bears that hang out on the clown thread didn't like the bubble much when it was happening, the rest of us were having the time of our lives. Now, 3 years later these are bad times but it isn't due to some kind of "hangover" at least from what I can see. For example, amat has hired over 200 programmers in bangalore. That is more than ever worked here even in the bubble. So they aren't scaling down on capacity or dealing with excess. Its just that they have a cheaper source option and being a smart US company they are taking advantage. The only company that played this offshoring really really badly from what I can see is Oracle. They offshored their business away. But every other sector is benefitting imho. Workers are suffering but not the companies.