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This Week's ERN
December 9, 1999

A Healthy Dose of ERN
John Sumser's delving into the differences between lunacy and genius are the subject of today's ERN. Years of therapy finally pay off.

Gets To Brag
E-Cruiter.com shares rose 30 percent at its Wall Street debut despite the fact that analysts had been lukewarm about the initial public offering.

Check Out the Competition
ComputerJobs.com now has a start-up site for those looking for opportunities with a start-up company.

WorkExchange is a Recruiters Network of freelancers and independent professionals.

!Trak-It Train, a training system to monitor the training progress within an organization.

HR Integration, a web-based application reported to build an interactive recruiting solution into the jobs/career section of a company website.

SmartSearch, a database application that manages information on candidates, jobs, hiring managers, and businesses.

A New Place To Look
A recent nationwide compensation survey reports that although linking individual goals to the company's business goals is the primary objective of short-term incentives, 30 percent of those surveyed don't find these plans effective in improving organizational performance. One thinks it worthwhile to research why not. (Hint: look at relationships within corporate structure.)

New Combinations
PepsiCo selects HotJobs' Softshoe to manage its hiring and recruiting efforts.

American Vantage Companies acquired an 80-percent interest in Placement 2000 for $1 million in cash.

Market Report
The dollar drifted lower during the trading session, in what has become a rather thin market. This volatile price action is laying waste to traders' positions as first the shorts were squeezed, followed by the longs. No follow-through in the Euro, and given the recent spate of economic news out of Euroland, this certainly leaves a question mark in one's mind as to the next direction. But talk out of Europe seems to bode well for the economic prospectus for next year. So, one might also want to tag along with the HKMA and look to buy the Euro at these levels for the medium term.

Corporate Layoffs Surge
After hitting a 25-month low in October, U.S. corporations returned to the job-chopping block, announcing 50,907 layoffs in November, a 123-percent surge over the previous month, according to Challenger, Gray & Christmas, an international outplacement firm.

What You Don't Know You Don't Know
The December issue of Scientific America reports that the most important discoveries of the next 50 years are likely to be ones of which we cannot now even consider

The End of Musak?
Otis Elevator Company announced its plan to join forces with Next Generation Network and IBM Corp. to provide information from the Internet into elevator cars worldwide.

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