And not a good one at that-Analysts not believing anything he says
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In other news, I received yet ANOTHER mandatory training.
Rot starts from the top and trickles down. Remove the rot, sell off a lot of verticals that are not profitable cut the losses now and focus on the core businesses or else this ships sank. ESG is a scam, covid policy is garbage, and stop squeezing the ones who actually do the work.
Crypto crash, stock crash, housing crash, out of control inflation, next stop is the housing crash. Buckle up buttercups
One analyst on the call essentially asked "why are you manufacturing everything in China". It was a tap-dance answer.
What if a war breaks out between China & Taiwan? Who is Chuckie gonna blame now?
As a leader, he needs to have contingency plans in place. Why not have Mexico do some of that manufacturing?
Total break down 🔻
he is blaming the lockdown in Shanghai. come on, give us a brake!
Shocker-Chuck finally admitted to analysts that Cisco is losing market share to competitors-Guess he never heard heard of AWS, Microsoft, or Google
And a suddenly scheduled all-hands otherwise known as a "Cisco Check-in" scheduled for tomorrow afternoon (US EST).
I suddenly have a Blue Oyster Cult riff running through my head.
And a suddenly scheduled all-hands otherwise known as a "Cisco Check-in" scheduled for tomorrow afternoon (US EST).
What lies are they going to tell us to keep us calm?
Down almost 20% after hours
Cisco is way overdue for a new CEO