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

To: nommedeguerre who wrote (14445)	1/17/1999 8:50:00 PM
From: ed	Read Replies (2) \| Respond to of 74651

You are wrong !!!! The high Tech industry will not really generate that many jobs in the next ten years. High Tech products are really to increase the productivity of traditional industry. In the past , software is used to drive hardware to perform certain type functions . Since program codings is time cunsuming, so we generate lots of jobs in software industrie. As softwares being modualized, and the progress in telecommunications, we can now contract out the program codings of different modules to different areas of the world, we may contract out the codings of module A to India, the codings of module B to China, ...etc, and these modules can easily be transmitted back bt satellite , and integrated together into final products. You will see this trend to be continued in the near and long term future. The major jobs of Hi Tech left in the US will be "Define the New Products "