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

To: kvkkc1 who wrote (57723)	2/20/2002 10:06:59 AM
From: JeffT	Respond to of 77400

I think JC has done a great job of building a great business, but he has certainly made his share of mistakes - some really big ones too. I respect him a lot for admitting that. One area that I must agree with the criticism is in the area of employee compensation. He seems to have gone overboard on taking care of the employees and placed his loyalty to the company's shareholder base in second place. I am disappointed in the way he set up employee compensation, but he has certainly gotten a lot of them. The problem is that even with all they have produced, there has been very little, relatively speaking, netted from all these efforts of the last decade EXCEPT to build a great franchise. IF JC can translate this wonderful franchise into some really strong net earnings then it will all be worth it. But if....... Jeff

To: kvkkc1 who wrote (57723)	2/20/2002 10:10:52 AM
From: Stock Farmer	Respond to of 77400

I like your solution actually!

To: kvkkc1 who wrote (57723)	2/20/2002 11:56:53 AM
From: RetiredNow	Read Replies (1) \| Respond to of 77400

I agree completely. They should be axing more people, but Chambers doesn't like to axe. In addition, they should stop handing out options like candy. I've said that all along. Now your assertion that no one is hiring, I can dispute. Jobs are out there, you just have to know where to look ( I just changed jobs recently for no cut in pay whatsoever). You're right that maybe networking companies aren't hiring anymore, but if you are an IT worker like me, you can find plenty of IT jobs, just not in the telecom or networking industries. For instance, paper companies still need process automation. Insurance companies still need process automation. Every industry I can think of needs process automation. I'll always be employed for good money, as long as I'm not lazy. Now I may not always make 6 figures, but I'll make good money anywhere I go.