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

To: Lizzie Tudor who wrote (67209)	3/5/2005 6:20:59 PM
From: RetiredNow	Respond to of 77400

Hmmm. I think it will definitely put downward pressure on stock prices over the long term. At the end of the day, these companies have all been overstating earnings and now they have to pay the piper. But I think stock prices have already adjusted downwards because of it. Cisco has been declining for awhile now and is at rock bottom prices now. It's not going to go down much further. I think actually, once options are expensed and they curtail their use, the stock price will start to re-inflate. It is a very blue chip, even if they don't want to admit it.

To: Lizzie Tudor who wrote (67209)	3/6/2005 8:20:17 AM
From: Amy J	Respond to of 77400

"Last year, the largest 150 companies in Silicon Valley posted record profits and revenues. Yet as a group, their stocks were down 1.9 percent." Today, almost one-third of valley residents work at a company that was started between 1998 and 2002, according to Joint Venture: Silicon Valley. [ Interesting when you consider how offshoring has been a strong force over the past few years. ] VCs raised just $17 billion in new funds from investors in 2004, down from $106 billion in 2000. ...In 2004, total venture capital invested rose for the first time in three years, to $20.9 billion from $18.9 billion. mercurynews.com

To: Lizzie Tudor who wrote (67209)	3/6/2005 8:55:18 AM
From: Amy J	Read Replies (1) \| Respond to of 77400

Santa Clara County had 842,400 jobs at the end of 2004, down about 200,000 from the March 2001 peak and even below the level of 1995, before the boom began. [ As if the Internet never happened. Less people doing more work and companies moving out of CA. ] At game software maker Electronic Arts, employees recently filed a lawsuit demanding to be paid overtime for their long hours. [ Have you heard the status on this lawsuit? If this goes through, this could impact motivation if it kills stock options since people obviously can't have it both ways. What kind of management do they have at Electronic Arts that their own employees sued them? Makes you wonder if the EA execs were issuing themselves too many options at the expense of the team's moral? ] mercurynews.com On a serious note, this year may be the time to be invested in Silicon Valley companies rather than buying into the pessimism. Regards, Amy J