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To: looscnnn
A major (and I mean major) manufacturer of networking equipment already has its next generation of products being designed in Asia. Its manufacturing is all outsourced as well as its customer service. The core that's left is sales, marketing and finance. THAT is the future. Asia is manufacturing very inexpensive components today. Tomorrow they will integrate them into systems. No exclusively American company will be able to compete with these products. The same thing that happened to consumer electronics will happen (is happening) to computer and information technologies. Silicon Valley is today a virtual ghost town. Larry Ellison essentially said that the party is over. He should look over his back too, because open source versions of databases that will compete directly with Oracle are just around the corner. Think innovation will save us? Think again. Very little venture capital is going into new start-ups. Almost all the money is going into established companies and very low risk ventures.

Yes, there are still entrepreneurs and smart people here. The Indian entrepreurs of Silicon Valley formed self-help (ethnically-based) affinity groups to support each other. They will probably prosper in the new world order. There is a revolution happening here and only a blind person can't see it.

128 posted on 02/18/2004 10:02:37 AM PST by ZeitgeistSurfer
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To: ZeitgeistSurfer
The Indian entrepreurs of Silicon Valley formed self-help (ethnically-based) affinity groups to support each other. They will probably prosper in the new world order.

"ethnically-based", "support each other"? How quaint.

131 posted on 02/18/2004 10:05:24 AM PST by A. Pole (The genocide of Albanians was stopped in its tracks before it began.)
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To: ZeitgeistSurfer
exactly right.

When people post about how we are offshoring the "buggy whip" products and new ones are right around the corner; they don't realize that the "new stuff" is being developed and manufactured offshore right out of the gate.

right now, sales and marketing is a good place to be if you want to work in tech.
148 posted on 02/18/2004 10:37:34 AM PST by oceanview
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