Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Kirk © who wrote (65328)	3/30/2004 2:59:38 PM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 77397

Apparently the cost savings estimates are being whittled down to 10-20%, which to me means we probably keep shifting around to find the lowest cost producer. news.com.com This 10-20% number seems low to me actually, I would have said 30% based on my own experience but certainly not the 70% savings that Gartner was pushing last year. Since the currencies of asian countries are pegged we are never going to grow out of this. BTW I don't think offshoring has anything to do with end user costs. I don't see prices going down on expensive technology gear. Companies like Oracle who are offshore react to market forces (and currently there is one- Linux) but when cost savings were first realized they actually raised prices and increased executive compensation. Carly Fiorina makes 10-20x what offshore executives at Tata and wipro make, for essentially the same job. What we as shareholders should be doing is demanding that executives get offshored or their salaries come back to reality.