Lots of jobs could have been saved if CEO Chuck and CFO Scott cared about anyone but their paychecks
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This is against the money laundering :)
Cisco has 30B cash how can they launder it if they put m,oney in savings ?
Thank goodness you are not the decision maker :)
We had almost $30B in the bank before we bought Splunk.
Sure, but that would have tanked Cisco stock.
"Hey guys, we're just going to park our capital in a 5% CD and let it ride. Yeah, no plans for the future or growth."
"Oh yeah - and all our numbers su-k. Sorry about that, maybe next quarter."
Splunk may pan out, or it may not, but it was probably just bought for the revenue numbers so we could hit projections.
Yikes! That’s a terrible take, embarrassing
Or just bought some Nvidia stocks
That's why you are not a CEO
Clueless CFO