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

To: TigerPaw who wrote (63326)	3/15/2003 10:29:23 AM
From: Victor Lazlo	Read Replies (1) \| Respond to of 77400

<<Worldwide the fundamentals may be fine, but many of the cash cows of the United States are migrating to other pastures. >> Yup that seems to be the trend. China is doing well, and Russia is raking in huge amounts of cash from its ramped up oil production and high oil prices. And teh tiny Persian Gulf nation of Qatar is booming from production from its massive nat gas reserves. Apart form these places, I dont know many places that are doing great.

To: TigerPaw who wrote (63326)	3/15/2003 12:30:15 PM
From: Lizzie Tudor	Read Replies (3) \| Respond to of 77400

The real advantage the US had for technology above all other countries was our equity market. Once the curtain fell on that, it was over. Also we have had one underlying problem for at least 20 years in the US which is the core issue at the bottom of all the accounting scandals- it is NOT options that are the problem but executive compensation. Executive pay needs to be reigned in and nobody can come up with a workable solution to that so instead we get these lame proposals from FASB to kill options completely which almost all tech managers know is the end to creativity in big companies. The next thing you know oracle offshores everything but Larry keeps his bonus package where it was. The issue is much more complcated than anybody is willing to tackle, typical government solution to a complex problem. Lizzie