Chuck rambles on and on about what his team provided in forecasts and how those did not play out.
Like he has no idea other than what he reads in my reports.
6 replies (most recent on top)
The street wants AI and the story that Chucky and his ELT can tell isn’t good. It’s a direct result of their lack of vision and planning. If the board truly does have the shareholder’s best interest in mind, then they should boot this knucklehead and his cronies.
We need a tech CEO and not a used car salesman CEO or retread from PAN (or similar).
Just ask your kid to tell you what Cisco is!
At one point the answer would have been "the company that makes the $1,000 phones with all the wires you see at banks and hospitals."
When you make the sales teams forecast 3X the quota knowing that it isnt real and then roll that up, hardly surprising that the numbers dont add up when the reality sets in. RB is over her head and will slowly ki-l what used to be a strength for Cisco..its amusing that even with all the processes and methods that have been forced on the sales teams, sales are down...I wonder why that is? Taking away the time in front of the customer, partners and key people has consequences....Chucky just ends up having to explain the results of other's ineffectiveness in their roles.
Even Jim Cramer was making fun of Chucky for his non-answers to why the ship is sinking so fast when the rest of tech are replacing Cisco gear
“Legacy tech company” is what MSNBC was calling it.
IBM Selectric / thermo fax/ postage machine- all that!
No one really cares!
Just ask your kid to tell you what Cisco is!
CNBC bashing Cisco asking why competitors are growing and Cisco keeps lowering forecasts