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

To: Stock Farmer who wrote (64530)	9/14/2003 2:10:13 PM
From: Lizzie Tudor	Read Replies (2) \| Respond to of 77397

We''ll have to see On that CNN show where this issue (offshoring) was presented, an analyst said something like... these companies (that offshore)... think they can sell their wares for the same high US prices, while they destroy their customer base. I think that is what is happening to Oracle, because I used to have xxx people working for me in the US who had to pay for an oracle license. Now I have 50 offshore people who make $5K/year. Are they paying Oracle the same $$ for that license? No way, I say. Plus Oracle now has to compete against something they never had to here... essentially free labor as a replacement for automation. And the final straw is Larry's sales team, which is really a top notch team but how good are these people in selling to India anyway? This is a booming jobs creation recovery imho, not here, but in india (maybe china too). Lots of winners will be created, personally I think chip companies and broadband are the way to play this, but any US based company who sells only to IT with little or no penetration outside of the backoffice is in trouble I think.