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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 72.10

+1.4%

Nov 10 3:59 PM EST

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To: Elroy who wrote (66658)	12/1/2004 10:15:30 AM
From: RetiredNow	Read Replies (1) of 77397

It takes time to build brand and quality association. 20-30 years ago, who would have thought Toyota or Honda would have been synonymous with quality? Chinese engineers have the education to rival U.S. engineers and they are now laser focused on quality and creativity. They are beginning to move out of the phase of merely copycatting and moving into quality and new idea creation. We are in for a heck of a competitive challenge over the next 20 years. Even if we stay on top, we're still going to lose an enormous amount of engineering and manufacturing jobs in the U.S. Cisco will not escape unscathed.

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