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Technology Stocks : IFMX - Investment Discussion -- Ignore unavailable to you. Want to Upgrade?

To: Mark Finger who wrote (11993)	9/30/1998 7:32:00 PM
From: Charles Hughes	Read Replies (3) \| Respond to of 14631

>>> >>As I noted to someone else privately, a FORTRAN programmer in 1967 >>with 3 years experience could make 30K - in 1967 dollars. You do the >>math. I happened to enter college right after that and among other things I learned FORTRAN (I was in engineering at the time). The starting salaries then for chem engineers (always the priciest engineers) out of college was $10K. I do not think anyone was making your $30K or you would have had thousands of engineers stampeding for those jobs. I think someone made a typo on your anecdote. <<< You are completely silly with this kind of analysis. You entered college "right after that". You think chem engineers were making more money, and you have an estimate of that, so you extrapolate. Wow. - Your experience is not from that time and you don't know. You don't have any figures, just prejudices. Just admit it. - In 1967, at my first full time job, I started as the night shift operations guy, babysitting the box while I did my homework. For that I got 8K starting, and was allowed to do contract programming at the same time in the same hours, for which I got another 5 K or so a year. (I could have made more but I was 17 years old and taking college classes full time in the daytime.) 13K 1967 dollars is about 60K today. I reiterate, I was just 17, still in school, and teaching myself programming on the job. The senior people got a lot more. Yes, after 1970, wages went way down for a while, because Nixon basically fired most researchers - cut grants in half because academics didn't like the Vietnam war or him. And that hurt FORTRAN programmer salaries. - I worked as a bench chemist for a while in the early seventies. I went back to programming for the pay. Many, Many chemists and chem engineers were unemployed at that time, and many of them became programmers. >>> Most major 4 year schools had CS or equivalent. In the 1960s? By the name Computer Science? Bullshit. 2 that I know of by name, by 1968 or 1969, had a PhD or masters program in CS explicitly. You name the rest. What there was, was programming courses given by the Engineering departments. I took the FORTRAN course too. That is hardly a degree in Computer Science. >>> I simply was lumping all together and simply implying Implying about me, you mean. You a friend of Ken Starrs? Johhny Cochran's? :-) You know, I heard IFMX has been farming work out overseas, rather than hire laid off American IFMX folks back. True or not? Cheers, Chaz