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To: DaringDon who wrote (21115)7/20/2004 7:07:28 PM
From: Jon Tara  Respond to of 32882
 
Don, you left the workforce just as things were getting crazy.

2000 saw an extreme shortage of programmers, engineers, and other technical employees. Contract and salary rates were being bid-up rapidly. IMO, lots of unqualified people were hired to fatten-up payrolls in advance of companies going public.

At the time, I was working as a contractor at a company that was developing Bluetooth technology. When we brought somebody in for an interview, they were interviewed by 3 employees (which included contractors, for lack of enough employees to interview everyone...) and a manager. At the end, the interviewers got together and made a decision - if an offer was to be made, it was to be made before the person left the building. We knew that if they left the building without an offer, they would not be back because somebody else would snap them up.

BTW, working at this company gave me the bonus of knowing exactly when the stock market topped. It was the day that I walked down an aisle of cubicles, and noticed that every cubicle had a screen showing a brokerage web site...