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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 76.22

+0.1%

Nov 24 3:59 PM EST

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To: RetiredNow who wrote (67538)	4/12/2005 4:04:37 AM
From: Elroy	Read Replies (2) of 77400

I don't see any industry that we are the best in anymore, except biotech. Do you? America is the undisputed worldwide leader in entertainment. Hollywood, baby! And the US is completely dominant in what I'll call very hi-tech. Intel, MSFT, AMAT and QCOM have near monopolies in PCs, semiconductor manufacturing and wireless communications. I can't think of a single foreign company that dominates their area of technology as those four do their area. Lizzie is just depressed that low-tech (programming C++) is getting commoditized.

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