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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: SouthFloridaGuy who wrote (45182)	12/20/2000 3:32:15 PM
From: Eric	Read Replies (1) \| Respond to of 77400

Does demand go from 100 to zero. I don't think so. I've worked in the electronic technology fields almost my entire life and demand for those highly trained engineers and techs has not slowed down. It's greater than ever now. Fewer and fewer engineers are turned out by schools. Yet demand and pay go up. We are not going back to the "Cave Man Days" anytime soon. JMHO based on facts. Go to a recruiting fair at universities and colleges and you will understand what I am talking about. Eric

To: SouthFloridaGuy who wrote (45182)	12/20/2000 8:47:06 PM
From: jkb	Respond to of 77400

you are correct; the demand side of the equation is going down, but this statement needs to be clarified. the demand portion is going down clearly in large companies for consultive IT effort; internal IT labor is in demand, sourced/external IT labor is on the out. if the project load in corporate IT dies down; then over a period of two years you will see demand for all IT labor fall. this however is a stretch as opposed to reality. as a matter of example; i'm the director of IT for a fortune 250 company; and my budget for IT spend next year is 30% higher than my FY2000 spend.