thats the product side, who has development expertise currently etc. This is a valuable lead, true. But is it sustainable, I don't think so at this point. There is too much electronics manufacturing in asia, there are software companies galore, portals, you name it. So assume asia is a moving target as far as innovation and expertise is concerned.
I know you don't have money in cisco, so you obviously think there are better investments out there- I was tentative on their stock prospects but I just don't think they can survive in their current form with GMs where they are unless some severe cost cutting goes down, especially against the workforce.
If they do outsource all the development and most day to day workers to india then I would buy cisco because I think the upper management is superior, its only the mid level workers that can't be here, people making between 90-150K or so. We've been through this with other industries so nothing new, and cisco could be a poster child for a divisional outsource since they are the internet champion, it could be a good thing. But no way should they have 4000 US based employees in silicon valley given their competitive position at this point, jmo. |
