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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Ploni who wrote (4432)	3/8/1998 11:58:00 AM
From: Dr. Seuss	Read Replies (1) \| Respond to of 18691

Charles, I'm with you on this one. Our city's high tech sector is constantly whining about not being able to find enough qualified tech people and that the lack has slowed their ability to grow. I call these scammers, they allude to 80K-90K jobs on the phone and when I go in for an interview, they tell me they can only pay 60K for the same job discussed the day before. They are hurting for high tech staff. High tech staff that will work for less than the salesmen and administrators. What they don't understand is that traditional high paying jobs are no longer those in demand. These older farts don't want to admit their day is over, but since they are in charge, they think they are the hottest poop and should be paid the most. It amazes me that they don't understand supply and demand. There is no shortage of tech staff, there is a shortage of employers that recognize the technical labor market for what it is. They would rather hire foreigners as they will work cheaper. Wasn't there just some legislation entered trying to lower restrictions on bringing in high tech foreign labor? They want to lower the demand and the price for workers. There is no shortage. dr.seuss.com PS I didn't mean to offend any farts who may be chrologically challenged.

To: Ploni who wrote (4432)	3/8/1998 12:53:00 PM
From: vegetarian	Respond to of 18691

>>This is a bunch of nonsense. I've heard this garbage since the 1970s, and it has spawned a tremendous explosion in the number of engineering students.<< I agree with your assessment. There was a vested interest in publishing reports citing shortage of engineers on the parts of agencies that published them; for example, the NSF (National Science Foundation). What eventually happened was that all the excess engineers produced who went to engineering based on these reports had tough time finding jobs and the students became disinterested in engineering. The current labor market is tight with a catch though. It seems that certain skills are in demand but the employers are still not outbidding each other in paying huge salaries; not much inflation there for sure. It seems that many companies are already laying people off and IMO the present golden period of a lot of job opportunities may not last very long.

To: Ploni who wrote (4432)	3/8/1998 1:29:00 PM
From: put2rich	Read Replies (1) \| Respond to of 18691

* off topic * Charles, It is true that a lot of Indian programmers come here and work mostly in S/W and particularly Oracle. I know one guy who worked 6-7 yrs in India, came here recently and work as contractor about 60+K/yr and will move to a good drug company for about 70K/yr permanently. I myself thinking of learning Oracle/ S/W instead of Mechanical now. A sad thing is that they teach oracle and oracle only in Indian Univ. (weak in CS in general), yet they come here in floods. Don't know when Internet and S/W demand will die out? I guess only when hi fliers like itwo, sebl, psft, aol tank??? Instead of short/long, open a s/w company, and sell stock you make billions like ddim, zitl, sebl :>) Besides S/W and some EE (chip designers) the rest of engineers are in tough time. I agree w/ you on the BS of not enough engineers in general.

To: Ploni who wrote (4432)	3/8/1998 1:52:00 PM
From: clochard	Respond to of 18691

A big problem in data processing is that the management often knows nothing about it, resulting in misdirected and intelligence-insulting activities by the staff. The whole environment at many companies is controlled by morons who have enough knowledge to be dangerous or simply non at all - streamlined MBAs and good old boys. As long as the result costs less than doing it manually they and their managers feel vindicated, but the result is a revolving door for the staff who can only slough off the baggage of one fiasco by moving on the the next one.