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

To: JakeStraw who wrote (67617)	4/14/2005 12:06:11 PM
From: Lizzie Tudor	Read Replies (3) \| Respond to of 77400

Look Jakestraw, when you start making predictions that COME TRUE about the stock market you can lecture other people on their predictions all you want. When people here, on this thread, said we were going to have a bull market about 9 mos ago I knew that was not the case. And I am a person who used to be a PERMABULL so think about that. People here and pundits on TV said the new jobs would come, eventually, like they "always have". OH REALLY? Its been 4 years since the US economy has been able to create a consistent number of jobs to keep up with population growth, and that is, contrary to what some here are trying to put forth, 150K jobs/month. Anyone in high tech can see we've got a major downward spiral happening on the job creation front, because the only reason the architects are sitting here, in the US, NOW, is because this offshoring trend is relatively new. Give it another 5-10 years and there won't be any leadership to staff new companies here, due to the lack of entry level posts for new engineering grads here. GV once said we had a glut of engineers on the US mkt and it is working its way out- a "good thing". Well, to hear the CEOs tell it, you'd think the US educational system can't even produce one engineer for every 10 they want! So who is right/wrong here. I'll tell you one thing, engineering schools are going to be empty in another 8-10 years for the simple reason that its a ton of work and no payoff. (kindof like what happened to the US recording industry actually, the 60s-70s had great music- artists actually got rich then, now artists no matter how popular die broke and consequently we have no good artists).