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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?


To: Gerald Walls who wrote (9080)7/10/1998 5:13:00 PM
From: Bill Fischofer  Read Replies (1) | Respond to of 74651
 
It doesn't matter

Those who take this view will be among the first to discover that their positions have been outsourced to the global programming market thanks to the internet. There are literally hundreds of thousands of computer science Ph.D.s in Israel, India, Russia, and elsewhere who will gladly bid for contract programming work at rates which would make a U.S. accountant blush.

I know this has been predicted for years, but two key enabling technologies have been missing. First, the rise of true component-based (object-oriented) programming technology, and second the availability of widespread fast and cheap communications (the internet). It is only within the last two years that these two have started to show their true promise to revolutionize the business and practice of programming. By early in the next century the foundation will be complete. As the most advanced programming machine on the planet, I expect MSFT to be the first to successfully leverage the enormous latent potential of the global programming talent pool.

To be honest, it's one of the reasons I got out of programming and into stocks. The changes that will occur in the geoeconomics of programming over the next decade are going to astonish everyone, especially those in the industry.



To: Gerald Walls who wrote (9080)7/10/1998 10:30:00 PM
From: Claude  Respond to of 74651
 
hear-hear!! As an independent contractor I can't believe how much the IRS, Feds and lawyers are making it difficult to function as a contract/temp just at the time when the economy needs more of them!! When companies face crises they cut back on personnel - I mean look at what's going on around you. Even in this good economy lots of top companies are forced to scale back to become leaner and more competitive. Temporary contract personnel make this a whole lot easier - and BTW this also means full times are at least cushioned by those of us who are willing to leave our as^es swinging in the wind - of course not without considerable danger pay ;)

Claude (rhymes with TOAD)



To: Gerald Walls who wrote (9080)7/11/1998 12:46:00 AM
From: rudedog  Respond to of 74651
 
Gerald -
Contract employees at CPQ have about the same deal - their benefits are whatever the agency allows, and they don't qualify for vacation or holiday pay from CPQ since they don't work for CPQ.

They do, however, make about 25% more money than the full time employees who do the same job. Most of the temps I have talked to would rather have the cash now, and also the flexibility to move around. Those that decide they like the work at CPQ usually transition to a full time job.