Corporate renegade, some may know him personelly and most of us will know him with this blog name Corporate renegade. He is fine and doing well. Not interest anymore after JC left but he as still good connections in HQ and Atlanta.....Board concern about the market share lose and products...most products booking are negative for more than 5 to 8 qrts.....it is clear that CR' as no clue what to do. 28B on Splunk is another blunder. |Not all are happy with that deal in Board. .....all these can have negative impact on CR.
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just like in the brad reese days, corp renegade is dead wrong. but thanks for the memories!
Chuck out, Erik ten Hag out
Both useless
You think his redundancy pay will be as good as in the UK (it was terrible 😔)
so what IS the current redundancy package if you're in the UK?
At this point, the only thing that Cisco can do is manage their decline.
The ELT all know this so that's why they've abandoned any honest attempts to make a difference. They're all just trying to enjoy the limelight - and some are hoping to become DEI darlings.
Discounting that ANET’s earnings are this Tuesday…
Sorry, I was using the rate of revenue growth as the metric for "down." We can see from https://www.macrotrends.net/stocks/charts/ANET/arista-networks/revenue which at the time of the posting goes to 12/31/2023 it's been five consecutive quarters of reduced rate of growth. The fact that all the players I listed are slowing suggests its more a current market condition than the state of one specific company which is what I was trying to get at but didn't explain well.
Arista has been stealing Cisco’s share...
Hence the quote from my post "The big issue is market share loss." Arista isn't the only company that's been taking share from Cisco, but as I've pointed out in other threads Arista is ki-ling everyone in operating margins (41.85%,) which I only hinted at here by pointing HPE (8.69%) and Juniper (1.58%) were doing far worse than Cisco (24.30%.)
Cisco grew incomprehensible technical debt to destroy the biggest names in the late 1990s but after a quarter century the rules have changed and Cisco hasn't. The culture has trained and rewarded that behavior so the vast majority of the staff from top to bottom think they've been doing the right thing and it's everyone else's fault. Fixing the cultural, talent and technical debt problems is an astronomical task and very likely can't be done without significant changes to personnel at every level. Making changes of this scope while not upsetting Wall Street or Cisco's current business while drawing in new business is at best a near impossibility.
Put another way, Cisco's ttm revenue is $57.23B. Arista is $5.86B. HPE is $28.08B. Juniper is $5.34B. We'll use HPE's servers and their ownership of Polycom and Aruba to justify including the whole company. If this mythical new CEO takes 100% of the revenue from all these companies and we add in the revenue of Fortinet ($5.4B) and Palo Alto Networks ($7.53B) Cisco's revenue is still $5B/yr from doubling, where the rule of seven says you need 10% growth per year to double in a bit under 7 years. What Cisco needs to do to become a high growth company over a long period of time is also at best a near impossibility.
“ As posted in a previous thread, Arista, Cisco, HPE and Juniper have all been down for the past five quarters, so there is nothing unique there.”
Discounting that ANET’s earnings are this Tuesday…Arista’s stock price (and earnings) is very much UP dramatically in the past 5 quarters. Arista has been stealing Cisco’s share, especially the 100G/400G/800G switch market and optics.
The cast of Little House on the Prairie would do a better job than the useless ELT. I’ve seen bags of sand with more emotional intelligence than them.
Does Chuckie know this?
It's the entire ELT that needs to be swapped. I don't understand how they're all still in place despite disastrous results in every technology segment. Seriously, name one ELT member that inspires you.
who can replace Chuck and fix the technical debt?
I would like to work for Tony Bates.
As posted in a previous thread, Arista, Cisco, HPE and Juniper have all been down for the past five quarters, so there is nothing unique there. The idea that a $28B acquisition is done without the consent of the board is nuts. At the moment Cisco's operating margins still dwarf both HPE and Juniper.
The big issue is market share loss. The question no one here has been able to answer for many years is who can replace Chuck and fix the technical debt while making Cisco a development company, and what are the odds that anyone who could do the job would sacrifice their career to take it?
We need a true technical leader not a sales person who has been with Cisco since it was a different company all together
personelly? Reely?
Any actual references on this, or is it being pulled out your butt
You think his redundancy pay will be as good as in the UK (it was terrible 😔)
Hope its true. Chuckie needs to take the DEI Queen with him.