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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 71.08+0.1%Nov 7 9:30 AM EST

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To: Lizzie Tudor who wrote (64463)9/11/2003 12:40:54 AM
From: Elroy  Read Replies (3) of 77397
 
We have lost 3 million jobs in 3 years in this country, 100K last month alone.

Because salaries in the US are too high. Maybe a normal CSCO employee with 6 years experience is only worth $40k, not $80k. Companies only offshore to save labor cost - if you think jobs should stay onshore then argue for salary deflation.

Elroy
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