Hacker News new | ask | show | jobs
by tmaly 3878 days ago
I was doing a paid internship at Intel in 1999 out in Portland, OR. I remember seeing huge numbers of new hires every week. I met people out in Portland that were hired to due VB programming with no programming experience. A few months later, the music stopped and there were too few chairs to go around. I always think of the Austrian business cycle when I see such huge upswings in things
1 comments

I was also at Intel in Hillsboro on a paid internship at this time. I recall a ton of projects across so many areas, with loose management. There was a guy in a QA group I worked in who just day traded.
I was in the Product Development Group working on the Itanium chipset at the time. I remember an older Engineer in the group that had written his own stock trading book. He only lost a dollar per share when the market went from 72 to 18