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

To: Amy J who wrote (67216)	3/6/2005 2:12:59 PM
From: Lizzie Tudor	Respond to of 77400

thanks for posting that, great article. ``I think it's pretty clear that the Silicon Valley brand has been tarnished,'' said Steve Cochrane, an economist at Economy.com. ``And I don't know if it'll ever come back. And maybe that's not a bad thing.'' What an idiot. Of course its a bad thing that the SV "brand has been tarnished". Without technology, the US would still be reeling from the Asian tiger onslaught that hit us in the early 80s. The nation AS A WHOLE needs the technology industry to stand as the pinnacle of US industry, employers and stocks. For gods sake somebody shut these economists up. Mark Swanson, 46, has had no luck finding a job since he was laid off from Redback Networks in 2001. It's his first extended out-of-work period since coming to Silicon Valley in 1981. 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. I read this a few years ago when Santa Clara was way below their employment numbers from 95. Actually 842K jobs is above what we had in 02/03 so this is an improvement. The only thing I wonder is maybe san mateo and SF counties are getting some of the tech jobs that used to be entirely south bay?