Word: cisco
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Dates: during 2000-2009
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...technicians, the indispensable plumbers of the New Economy, capable of commanding a salary between $40,000 and $70,000 a year. Not a bad return on the $90,000 the city of San Jose has invested in the program--and a promising source of qualified workers for Internet giant Cisco, which provides the coursework and the hardware...
Self-interest, when it comes down to it, is the strongest reason for any of us to join the digital era. In programs like Achiever.com and the Cisco Networking Academies, there's self-interest on both sides. The companies help create a skilled workforce that can install and maintain its products--and make money too. The students get their lives on track. In Silicon Valley this is known as "philanthropic entrepreneurialism," and it looks very much like the wave of the future. There are still a lot of disaffected people with a lot to prove to the world. Given means...
...lower interest rates. But for now, rates are steady, and the bears are in control. Long-term investors may want to start building positions. Don't be surprised, though, if tech bellwethers sink more before a sustained recovery. That's especially true of those with rich valuations like Cisco and fiber-optics darlings Corning and JDS Uniphase...
...Private industry has put a lot of money into research for next generation equipment," says Pepe Garcia, from the Routing Systems division of industry leader Cisco Inc. "With next generation routers, routing protocols, and more and more memory, I do not believe the Internet will be in crisis...
...thinks that Cisco can do it and I don't think they can," Bradner says of Garcia. "I question that Cisco and Nortel and the rest of them can produce the next generation routing protocols. I think there needs to be government assistance....I would love to be proved wrong...