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

To: Paul V. who wrote (65766)	7/6/2004 4:08:42 AM
From: Amy J	Read Replies (1) \| Respond to of 77400

Paul, I know a couple of businesses that moved from Mexico to China because the labor cost was cheaper. If you want to stay in business, you have to do it. This is unfortunately painful for Mexico. On another note, China is consuming 60% more gasoline and India is consuming about 15 to 20% more gasoline. High gasoline prices are here to stay. Could make the recovery muted, as consumer spending has been increasingly allocated to gasoline. On the other hand, China and India are large consumers. This country really needs to get alternative sources of energy. Any time the oil companies get wind of alternative energy initiatives, they seemingly lower the gas prices a tad so the alternative sources market doesn't establish sufficient momentum. Regards, Amy J