Cisco Systems, Inc. (CSCO) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 71.08

+0.1%

Nov 7 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: RetiredNow who wrote (63754)	4/29/2003 8:19:23 PM
From: Stock Farmer	Read Replies (1) of 77397

Bingo. Chambers is saying "If we can't fool investors into pretending our labor costs are competitive, then our uncompetitive labor costs are going to cause us to lose jobs overseas where labor costs are competitive". Two solutions: Fool investors, or deal with the labor cost issue. If this was a capitalist state, we would suggest that market forces of supply and demand should dictate the disposition of wage dollars. So instead we should crank up the presses and deluge the populace with propaganda and stick to the "fool the crowd" scenario? I don't think so. I agree with you that we need to be looking at cost effective ways of getting the job done. It might be that Silicon Valley is in the midst of pricing itself out of the market. Pricing itself back into the market sounds like a smart thing to start doing. Who knows, with all the attention on options, investors might not be so easily fooled for much longer anyway. John

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next