The question is, should we grieve very long for those being let go from Intel? I understand they were getting a thousand shares/year of stock, and many in the first wave were "bought out." At 70-80 bucks a share that's not a bad deal. Besides, having worked at Intel looks good on any resume. Most people will get picked up quickly making 70-120 bucks/hr.
My question is: what happens when/if the bottom falls out of the worldwide economy? Does this mean the technology market will dry up or just shrink?
Juliana Shearer wrote:
> The questions about shipping problems between the US and Asia are
> interesting. I work in electronics, and we are not slowing down in the
> slightest.
>
> One of our vendors, a contract manufacturer, recently told me that the
> way to tell how the economy is doing is to look at makers of power
> supplies (which are in almost everything) and at transportation. If the
> trucks aren't running, you know we're in trouble. I'm not sure how to go
> about looking at these, however. For instance, there are lots of
> economic indicators that are based on electronics, but are not broken
> down into types ebyond semiconductors and "other".
>
> Asian semiconductor companies are not doing very well, but most US
> companies are trudging along. Meanwhile, European companies like ST
> (previously SGS Thompson) are doing well because they have been able to
> come into the US and undersell all the US companies.
>
> Does anybody know how to go about testing this man's theory? Where would
> I be able to find info about domestic shipping trends?
>
> Julie Shearer
> julie at siliconengines-ltd.com
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