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Technology Stocks : INSS - International Network Services -- Ignore unavailable to you. Want to Upgrade?

To: Dale Baker who wrote (354)	4/15/1998 5:13:00 PM
From: Trevor Goodchild	Respond to of 446

The math is correct. In fact many companies follow your logic and try to hire technical people rather than go with consultants. At bloomberg.com for instance you'll see companies offering $100k-$200k per year for C++ developers, including Wall Street style bonuses. Their overall costs for such employees are much higher than your $136k figure. I have a friend here in Wash. DC who pocketed two 5 figure signing bonuses within a year. He left the first job as soon as his commitment was up. Consultants with the right skills make obscene amounts. $200 an hour would probably be low for banks in NY and overseas clients. That same banking client wouldn't even know who or how to hire the right people. They would have to completely retrain their in-house people, which takes time, and risk losing them to a company like INSS the minute they finish training them. Most of the people I know who benefit from these labor supply-demand windfalls luck into them rather than plan them. The minute you decide that you'll spend your time specializing in real time stock trading security development in C++ because its a hot area is probably exactly when that market becomes saturated.