Terry,

Here is just one of several recent stories about companies moving programming jobs overseas... in this case it's IBM.

http://www.eweek.com/article2/0,4149,1413737,00.asp

>>I am curious as to why you would make a statement that "The overseas technical job paranoia is a rumor or hoax!"
>>
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>TV!
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>There was a special on NWI (or was it TechTV?). Anyway, the crew was in India, examining the "boom" in tech jobs.