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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 75.46

-3.7%

3:59 PM EST

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To: Wyätt Gwyön who wrote (42351)	11/6/2000 10:09:32 AM
From: The Phoenix	Read Replies (1) of 77400

MM, Bottom line the Japanese are great at manufacturing and cost reduction and this is where the R&D is spent - not on innovation or risk-taking. They still can't grasp the start-up mentality and business there is run by a very few select conglomerates limiting access by not only foreign firms but also domestic start-ups. The Japanese choked on their isolationist style... they still haven't got the concept of a "global market". You simply can not draw analogies from Japans failure to continue their growth to the US market... there are too many variables first off.... and secondly, as I pointed out, they simply "didn't get it". OG

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