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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 78.03+0.8%Nov 14 9:30 AM EST

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To: Greg Jung who wrote (13066)3/25/1998 1:14:00 PM
From: LWolf  Read Replies (1) of 77399
 
Greg Jung - ROTFL! great analysis.

>>Microsoft opened a new software sweatshop in India, now following the lead of the shoe manufacturers. Evidently all the US software personnel are unmotivated millionaires, so they will get moved to management where they can be cut effortlessly in the future to cut more expenses, boost the stock price more, and everybody gets a "pay" raise.<<

I've read several articles recently on the tech labor shortage. It's not that there aren't enough, it's that companies don't want to pay for experience (read age 40+) and training. They want cheap labor on the hottest technologies (foreigns and college kids). Only problem is that these 'new' folks don't understand the business, nor do they have a larger systems perspective (which comes with experience).

Laura
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