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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 71.20+0.2%9:39 AM EST

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To: Lizzie Tudor who wrote (64897)10/4/2003 4:54:52 AM
From: RetiredNow  Read Replies (2) of 77397
 
Life isn't fair. So what was the end of that Japanese story? Americans got scared and kicked technology innovation and corporate productivity into high gear. Within a decade we became the undisputed leader in technology...but Japan is still very competitive in many areas.

The answer to structural economic shifts that destroy jobs in America isn't to whine about it. Rather, it's recognize that those jobs are gone and may never come back. If you are affected, then it's time to figure out where's the next hot area and retool your skills, so that you don't go bankrupt.

As John said, that is capitalism. No one has to like it, but we all have to live and cope with it. Lucky for you and me, being in the top of our respective fields means we still have jobs, whereas many of our friends don't. So consider yourself lucky and also consider how you can continue to make yourself indispensible to your boss. :)
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