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

To: Lizzie Tudor who wrote (65381)	4/2/2004 5:26:13 PM
From: RetiredNow	Respond to of 77400

Yes, I'm glad to see it is building steam, but don't count out the tech lobby just yet. They may strike some deathblow compromise such as Congress passing a bill that says they agree in principle that options need to be expensed, but they'll want 5 years to study which is the best model for estimating options. LOL! Have a great weekend!

To: Lizzie Tudor who wrote (65381)	4/2/2004 11:52:00 PM
From: Paul V.	Respond to of 77400

Lizzie and threaders, >Even people like me are fed up with the tech lobby on this issue and others. I'm ready to put this options expensing argument behind us.< IMO, there is nothing economically that can be done with outsourcing short of tariffs, which will result in tariffs from other countries which will result in another recession/depression. With it impact of the internet, many jobs can be done anywhere gobally. Whether we like it or not we are globalized. WalMart in a recent ISI report is beating down the prices of the manufacture in China just like they did to manufacturing in the US. China employees are fearful to ask for pay raises for fear of being replaced by 23 million employees. Then, on TV, this evening, we hear that re-employeed individuals are being re-employeed but at 21% less pay. Walmart then sells to the US, probably with a great profit spread which is great for the stockholders. We as stock holders love the greater returns but the employees suffer. Guess, we can not have it both ways. Now, to get back on the CSCO thread. Ruchizeer (sp) show tonight stressed that CSCO was a good stock to own during this upturn and potential inflation and interest going up. Any ideas or news on CSCO? Paul

To: Lizzie Tudor who wrote (65381)	4/3/2004 3:55:03 AM
From: RetiredNow	Read Replies (2) \| Respond to of 77400

Hi Lizzie, more JOBS DATA: earlier, you claimed that the labor force grows at about 125K per month, so the most recent jobs growth gains aren't that impressive when compared with that. Well, here are the facts: Growth of the labor force: Jan 2001 = 143,787,000 Dec 2003 = 146,878,000 Jan 2004 = 146,863,000 => -15,000 Feb 2004 = 146,471,000 => -392,000 Mar 2004 = 146,650,000 => +179,000 Extra trivia. Between Jan 2001 and Mar 2004, the labor force grew at an average rate of 73,410 per month, not 125K per month as you had said earlier. :) Jobs Growth: Dec 2003 = 130,035,000 Jan 2004 = 130,194,000 => +159,000 Feb 2004 = 130,240,000 => +46,000 Mar 2004 = 130,548,000 => +308,000 Jobs Growth NET of labor force growth: Jan 2004 = +174,000 Feb 2004 = +438,000 Mar 2004 = +129,000 Total = +741,000 That means that in the last 3 months Bush and Greenspan have managed to recapture a net of 741,000 jobs lost in the last 3 years. Not bad for policies that Kerry and the Democrats say aren't working. Total jobs when Bush took office Jan 2001 = 132,388,000. Total jobs today = 130,548,000. Total jobs lost = 1,840,000. Time to recapture remaining jobs lost ~ 6 months at March's rate of jobs growth...just in time for re-election. :)