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April 16, 2005
Earnings
Haven't listened to the earnings call yet, but I saw the numbers. We managed more or less to break even.
I also see IBM undershot analysts' estimates by a significant margin. Dell stock hit the skids. The market seemed to be having a bad end to the week.
Two writers from the hardware side were visiting the Grenoble site this week. One's from San Diego, the other from the Bay Area. My colleague from the Bay Area says things are getting better than they were. Instead of having to search for a year to get a job, it's now possible to find one in 2-3 months. A lot of seriously overqualified people are competing for junior positions, however. The people who were in junior positions are, "Slinging coffee at Starbucks."
Posted by Mark at April 16, 2005 07:52 AM