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02:49 AM
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What the STOCK MARKET FALL does to companies like mine...
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[quote:GUANO:MV8xNTk2MjA2XzI2Mzc5NTcxXzlFRTU2QTBB] [quote:LindaE] If they outsourced, I'm sure it wouldn't be a game to those who lost their jobs and futures to lower paid workers in some hole in the wall city in Asia. [/quote] It's a game to them, not me. A very serious political game where international investors can buy out American businesses and then screw us royally. [/quote]
Original Message
I'm part of a $1B Tech company, we have 4,000+ employees and we also manufacture our own high end tech products right here in the US as well as have over 150 offices worldwide. We maintain systems across the spectrum and even employ full-time techs at places such as the Nevada Test Site, Area 51, and US SOCOM.
How has the market affected us so far? It hasn't. We haven't lost any business, and our clients pay us big bucks every month to 'maintain' their high-end systems. We just ended FY11 and were right on budget, our branch alone typically generates about $40m per year and we give out pretty high dividends to our investors...
Basically at this point someone could come and swoop up HUGE amounts of shares for PENNYS ON THE DOLLAR, depending on who the largest shareholders become, they could then get greedy and ship all our manufacturing jobs overseas, etc...
We'll see what happens but I just thought I'd share that with you. An interesting game...
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