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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services -- Ignore unavailable to you. Want to Upgrade?

To: Warthog who wrote (6385)	3/14/1998 4:30:00 PM
From: TokyoMex	Read Replies (1) \| Respond to of 27968

Even IT is getting too expensive,, QCOM and others share price has been appreciating on false promises of Americans looking for permanent positions with the company.. This game is getting old.. both ways.. As we have seen lately ,,amply on 20/20 and Dateline...

To: Warthog who wrote (6385)	3/14/1998 7:38:00 PM
From: Mosko	Read Replies (1) \| Respond to of 27968

Collin and thread- You wrote: <One of the reasons for profits in the IT services is the supposed lack of professionals in that industry. Congress has recently held hearings on the subject, industry wants to increase the immigration limit from about 65000 to 190,000. Most of the new immigrants would go directly to IT companys. In my opinion, this would decrease the business of IT placement firms. Additionally, I do not feel there is a shortage of IT professionals; just a lack of desire on IT companys to pay higher wages.> When congress changed the immigration laws a couple of years ago they put an annual cap on the number of green cards they would issue P1 placement(permanent employment). Microsoft and a handful of other tech co.'s testified in congress that due to the domestic shortage of programmers that they have been forced to import. At the current rate of hiring they will cut-off issuing green cards by Sept.! This is why they asked for the raise in number. If congress does not relax the law wages for both permanent and temp labor is expected to increase. There is plenty of business out there for IT placement. I think it will help raise rates of congress does not approve the higher limit but I don't see any negatives if they don't. Mosko PS I mainly lurk due to my schedule. I've been long FAMH for 2 mo. now. Anxious to see numbers like everyone else. Enjoyed reading the thread.

To: Warthog who wrote (6385)	3/15/1998 11:23:00 AM
From: Forest Gump	Read Replies (2) \| Respond to of 27968

Collin, Quite simply, there are NOT enough bodies to go around and it is not because there are a bunch of IT people sitting on their couches refusing to work (i.e. get paid, eat) because they can't always get the rate they want. That's ridiculous. I think you have injected a little frustration about your rates. Rates have stabilized and even dropped of somewhat, but that is only temporary. I am one of the larger bread winners in the IT industry and employ a lot of folks. The industry is in an EXTREME pinch right now. I have had to resort to paying kids with 1 year out of college as much as 70K. Even with an infusion of foreign nationals, the market will be tight. Not all of them will be IT and quite frankly, although these guys do get work it is not as much as you think and they do not last. There are language barriers and racial prejudices (not PC but true). Also, the myths about our science/math degree counterparts in other countries being better at IT are being dispelled. It's just not true. There is no replacement for American ingenuity and greed. Yes, employers are trying very hard to reduce wages and fees for IT professionals which have skyrocketed and one of the biggest ways that they is recruiting on the Internet. This is the one thing that should scare you about IT Staffing companies. They are getting squeezed out by an employer's ability to find the same people just as easily. The good news is that IT staffing is just a small part of the industry. There is plenty more to go around and these companies are getting smarter and better everyday.