Updated: 5/21/02; 7:58:38 AM.
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Monday, May 20, 2002

Feel The Momentum Shift

Chief execs upbeat despite downturn. Despite massive unemployment, sluggish sales and bottom-feeding stock prices, executives at tech start-ups are optimistic about the future of their sector.

Although most will slash administrative and travel expenses, many say they will soon expand employee ranks. Eighty-nine percent of the CEOs say they plan to hire new employees, but most are being conservative. Of those hiring, 49 percent anticipate adding less than 25 new employees; 20 percent plan to add 26-49 new employees; and 12 percent expect to hire 49-100 new employees. Only 6 percent say they plan to add 101-200 new employees, and a paltry 2 percent plan to hire more than 200 employees. [CNET News.com]

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Email Distracts

Technology: Working parents 'spend longer on email'. Parents who work spend on average twice as long dealing with email as playing with their children, according to Government figures.

From:[NewsBlip.com]

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