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hey guys ... don't think this article to be one of those " java dead " ones ...... i just wanted to know the present conditions for java guys in US and when is the resession going to get over .... what do the expert says .
 
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Hi Raghav,
All I think that Microsoft has overhyped their products.. and have created a fear in minds that JAVA would be dead.. A technology cannnot die ... this statement is ridicullous.. The recession when its going to come it comes fast, but the recovery takes some time.. may be another 4-5 months more.. and things will be setteled down.. Now the big companies have realised their mistakes and have also taken actions for recovery.. just wait and watch for next 4-5 months..
Kajol
 
Raghav Mathur
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i,am sure of java .... its not going anywhere nor microsoft is taking over ..... but the resession is getting greater and greater .... i,am just unable to make out the end of it .....any way thanx kajol for your post .

[This message has been edited by raghav mathur (edited May 31, 2001).]
 
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Originally posted by raghav mathur:
hey guys ... don't think this article to be one of those " java dead " ones ...... i just wanted to know the present conditions for java guys in US and when is the resession going to get over .... what do the expert says .


Half the experts say it will get better soon, another half say it will continue for a while or get worse, and the third half say they have no idea. (The fourth half were excluded from the survey because the can't count. :-)
Don't try to time the market. If you need a job, get a job. Study/work hard and it help in any mrket conditions.
Finally, I'll reiterate what I said in another post. The job market is strong. Much stronger that it was during most of my lifetime. It just isn't as strong as it was 2-3 years ago.
(For comparison, the Dow has had a 10% annual growth rate over the last 50 years, maybe longer. The past few years the annual growth was 20-30%, and the NASDAQ even higher. A bunch of people got into the market. Now when people see returns of only a few percent--but still higher than, say, bank interest--they feel that the economy is slow. It's still good, just not obscene like before. The same is true with the job market.)

--Mark
hershey@vaultus.com
 
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People have been saying that COBOL is dying for 20 years!! There are STILL jobs and contracts for COBOL around!
The explosive growth that Java has had over the last couple of years may have subsided, but even if new development in Java isn't taking place (which it is), there is all those existing systems that need looking after and enhancing.
 
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Originally posted by Alex Ayzin:
(For comparison, the Dow has had a 10% annual growth rate over the last 50 years, maybe longer. The past few years the annual growth was 20-30%, and the NASDAQ even higher. A bunch of people got into the market. Now when people see returns of only a few percent--but still higher than, say, bank interest--they feel that the economy is slow. It's still good, just not obscene like before. The same is true with the job market.)


--------------------------------------------
--------------------------------------------You have to distinguish economy and job-market situation. There were times when economy was booming, still market was slow, and vise versa. I'm career contractor, making my living by selling my knowledge and expertise to different IT clients. If Everytime, economy was weak I'd be sitting with no assignment for 3 months, I'd had to declare Chapter 11 a long time ago. Yet, I was always able to get a job within a week or so. Now, I got fired on February 2 - still home, pulling my hair and not a single interview. Why? Simple: there's no new development goin on now(well, maybe in pharmaseuticals), rates and salaries dropeed 40%-50%(even 60%) and expensive human resources are being replaced with cheaper resources.
Punchline: The job market sucks now.
--Alex

[This message has been edited by Alex Ayzin (edited May 31, 2001).]
 
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1998 was boom time for Software when people like me were leaving their professions to join IT. Internet Explosion had already occurred etc.
So how much was NASDAQ at that time. The answer is , it was lower then what it is now.
NASDAQ is a very relative thing and doesnt reflect the strength/weakness of economy.
Job Data could be more accurate parameter, and it looks like the situation is not very bad in US presently. People are finding jobs, although some of them will be forced to take salary cuts.
Regards
Mohit Joshi
 
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Hello,
What i think is that it is just a bit of market slowdown which has caused some panic.I'am really surprised to see people switching over from java related technologies to others,just because they feel java is dying!
Knowledge is never wasted!And i feel java is definately here to stay!Maybe more enhanced!
Girish
[This message has been edited by girish rateshwar (edited June 02, 2001).]
 
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