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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: Elroy who wrote (64464)	9/11/2003 1:05:57 AM
From: Lizzie Tudor	Read Replies (1) of 77397

its hard for an economy of any kind to deal with that kind of wage deflation Elroy. I'm not saying it isn't right. Because the higher classes will of course benefit from the deflation of labor costs, so you will have 2 poles, very very rich and the struggling. Steve Harmon said Carly Fiorina should think twice about offshoring all the HP jobs because the Satyam CEO only makes 85K/year. Can't really argue with that. BTW I noticed a special on this topic on CNN Lou Dobbs tonight so the realities of this are becoming more clear.

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