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Silicon Valley Dreams -- High Tech Downturn Doesn't Sink All Ships
By Victor Saldana
Date: 01-25-01
Some workers in high tech industry feel little
connection
to the dramatic news of loss in value of options and the like. Which is
not to say that they don't have their own ways of sharing in the
general
prosperity. PNS commentator Victor Saldana, 20, is a staff writer for
YO!
Youth Outlook who works with Silicon Valley De-Bug.
You can feel the anxiety in the air in Silicon Valley.
Tech stocks are crashing, dot-coms are giving out pink slips -- but
some
younger workers are not stressing at all.
This is not surprising since temporary workers in warehouse and
assembly
were never part of the big money stocks game.
As Antonio Torres, 20, a chip assembler, put it, "Doing this kind of
work, you don't get stock options and stuff, so I don't really care
when
I see in the news that dot-coms are going up or getting tanked."
Aisha Ellis, 23, who has held five different San Jose temp jobs in the
past three years, agrees. "I feel sorry for the people that lost a lot
of
money from this, but it doesn't really affect me."
These young workers do go for big money, but in ways more accessible to
them -- such as playing Super Lotto, betting on sports, and other forms
of gambling. So at Hewlett Packard, when the company gave employees
quarterly updates on how their stocks were doing, the 300 assemblers
didn't care because it didn't affect us -- we were all "temps" hired
through Manpower.
On the other hand, we were very interested in the Wednesday Super Lotto
numbers. Looking at all the money lost in the dot-com implosion, Lotto
actually looks like a pretty reasonable investment. You never hear
about
people losing their homes in an unexpected Lotto Crash
A lady named Barbara on our line was our Lotto kingpin; she would
collect
money from everybody during lunch breaks and buy the tickets. Every
week
someone would tell a story of what they would do if we won. Barbara's
was
always the best. "If I got my hands on all that money," she would say,
"I
would keep working, just so you could see what a rich lady looks like."
Duc, a Vietnamese man on our line, used to get mad if anybody said the
odds were against us. "You don't know, winning is more than possible.
This family down the street won $20 million just last year, look." Then
he'd show everyone a newspaper clip of a guy and his family, everyone
wearing big smiles, in front of a 7-Eleven.
Lotto was not the only way warehouse workers tried to improve their
fortunes. Every afternoon break, the guys at HP would roll dice. The
stakes weren't that high, but it could mean free lunch for the rest of
the week. When you're making $8.00 an hour, that's not bad.
Duc would tell us that we should stick to dice and Lotto, and not get
mixed up in the other forms of betting some of the older workers were
involved in.
"Don't go to Garden City (a card game spot) or Bay Meadows Racetrack.
You
will lose too much money and end up frustrated like Anita." Anita was
part of a group of workers who went to Bay Meadows racetrack every
weekend.
When she'd win -- sometimes thousands of dollars -- she would wear the
Bay Meadows hats and jackets that read "Go Baby Go" on it. We used to
call her that. If she won big, she would organize a potluck and bring
in
homemade pies.
When she lost, she would not talk to anyone the whole day. She'd say
that
we were bad luck.
Rather than going places to gamble, some guys bet after work in the
parking lot. Groups of young men would meet to put their money on
football or basketball games. Antonio, who organizes one of these
betting
circles, says, "Supervisors don't mind the dice and card playing, but
this kind of gambling is on the hush hush."
During football season, he collects money and team picks from people on
his line every Thursday at 5 p.m. sharp. He turns over the money and
betting stubs to the guy who handles the whole warehouse.
Antonio says a person can win up to 100 times what he or she puts in,
but
this rarely happens. He gets a percentage of all bets, but it took him
seven months to become what he calls, "The Charles Schwab of warehouse
workers."
Temp workers may not be interested in stock prices -- but this does not
mean that they are not like everyone in the Valley -- they also wants
the
fantasy: sports cars, the mansion, early retirement. It may not show up
on the NASDAQ, but it's the closest we'll get.

Pacific News Service,
660 Market Street, Room 210, San Francisco, CA 94104,
tel: (415) 438-4755.
Jinn Magazine: <http://www.pacificnews.org/jinn/>
Email:
<pacificnews@pacificnews.org>
Copyright © 1900 Pacific News Service. All Rights Reserved.
Please do not reprint our stories without our permission.
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