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

To: Amy J who wrote (177341)	4/2/2004 12:18:11 AM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 186894

AmyJ, I see no effort on the part of SV management to keep engineers in the USA, that is the point I am trying to make. If a company like Juniper offshores R&D along with Google and every other "star" company, then options are not necessary for engineering because wage deflation is so dramatic, the best workers can hope for is a good salary. Executives use offshoring as a bargaining chip to get salaries down also. Engineering is not a cushy destination for options anymore, options are going only to the executive suite. That is the argument Dan Gilmore is making. If executives were so concerned about retaining top engineering teams locally they would not be moving lock stock and barrel to india. Threatening to move more to india is falling on deaf ears, we all know everything is going that can go anyway. Too late for the "we need options for engineering" argument, its a scam just like the "america is undertrained" argument. To quote Carly Fiorina, "americans must compete for jobs" blah blah blah. Thats pretty much it for support of options from the peanut gallery, I'd say. I think the tech lobby should figure out how to deal with the situation now and basically grow up, there is almost no support in their camp.