Paying the EE dues [OT]
patchell
patchell at teletrac.com
Wed Mar 8 02:30:46 CET 2000
Barry L Klein wrote:
> Down here (Orange County, CA) the hot ticket is Broadcom. They give you
> the right to buy thousand(s) of shares of their stock at the price it is
> when you start. Their parking lot is full of Lamborgini's, Porches, etc.
> etc. But they still have no where for me to advance to - they just would
> want me as a tech. Hell, the stock has gone up enough in the last few
> weeks to mean over 100K. But they work their people (engineers) like dogs
> and the CEO enjoys being an Ahole from what I read. If you like that
> environment, go for it.
>
> $65K is barely enough to survive on if you want your own house. We live
> in a very small house 12 miles from the I5 freeway and its probably worth
> $240K now. But to move into something with say 4 bedrooms and/or a 3 car
> garage (for your work area) is like $400K. Association dues $170 mo. and
> taxes $8K/year. And they're building hundreds of them out in the hills
> right now. What the heck do these people do for a living anyway??
>
I know what you mean. I purchased my home in '94 when prices were pretty
depressed up here in Santa Barbara. Right now, I cannot even afford to
purchase my own home (1200 sq ft, 3bd,2bath are at $350K now). The house next
door (same as mine) is renting for $2000/mo. I can't figure out who could
afford that, but they do.
Right now, I am trying to find a new EE job because my current employer is
not doing well and we haven't had pay increases now for 2 years. Trouble is,
in this area $60K seems to be what the companies want to pay for an EE. Oh
well, what can you say.
-Jim
>
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