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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 78.03

0.0%

Dec 24 12:59 PM EST

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To: Proud_Infidel who wrote (67429)	3/21/2005 8:33:23 PM
From: RetiredNow	Read Replies (2) of 77400

Yes, that's scary, but I'm more concerned about higher tech jobs. I'm not so much worried about the U.S. losing market share in the sock or furniture industry. If China has cheaper labor, then so be it. However, I am very worried about China out innovating us. Then all of our high paying, highly prized jobs will be out the window. Now having said that, don't let Chambers fool you. Many Silicon Valley companies are San Jose centric. They sprawl all over the world, but they manage from Silicon Valley headquarters. So there will always be plenty of jobs with companies like Cisco, right here in the good ole U.S. of A.

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