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


To: Elroy who wrote (66615)11/28/2004 8:52:23 AM
From: RetiredNow  Read Replies (1) | Respond to of 77397
 
Elroy, you miss my point. Look around on the web for an article on 3Com and Huawei. They are already starting to squeeze Cisco's margins and that trend will continue. The reason for it is that Cisco still has the majority of its employee in the U.S. and Chinese engineers and workers get paid a hell of a lot less. Huawei is an enormous threat to Cisco and Chambers knows it.

As far as revenue growth goes, yes, Cisco is a juggernaut, and has lots of opportunity to grow revenues. My own example of the potential of VOIP and their advanced tech revenues goes towards taht point.

Still, I continue to agree with Kirk. If all the benefits of that growth go to insiders, what's the point of owning the stock?



To: Elroy who wrote (66615)11/28/2004 12:25:30 PM
From: RetiredNow  Read Replies (2) | Respond to of 77397
 
Hi Elroy, check out this article on the effects of Chinese competition on the U.S. manufacturing space. BTW, Cisco is classified as a manufacturer even though it has outsourced all its manufacturing. Cisco is mentioned in this article. Very informative and very scary in what it means to the U.S. economy and jobs market.

"The China Price"
biz.yahoo.com