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Phil_Britt
Phil_Britt
11/24/2017 | 12:19:41 PM
Re: Cisco still struggling to find their place in the cloud
But no one will want to be out of the market between now and the new year. Stocks that have appreciated will continue to do so.
lightreceding
lightreceding
11/24/2017 | 12:10:09 PM
Re: Cisco still struggling to find their place in the cloud
Most of the appreciation in the stock market over the past few years has come from the Fed pumping out money that the banks use to speculate in the stock market. Cisco stock has been further supported by massive buy backs. The effects of the one time tax break for foreign earnings repatriation is likely already built in to the market. The small gains in revenue that Cisco has from software and subscriptions can't offset the huge losses from hardware. Cisco has missed the boat and now they are treading water.
Phil_Britt
Phil_Britt
11/24/2017 | 11:41:38 AM
Re: Cisco still struggling to find their place in the cloud
Though it might be struggling to find its place in the cloud, it looks like it and most other tech stocks will benefit from a rising stock market and the possibility of tax changes by year end. People and institutions don't want to sell now in case they miss out on profits that could come with tax changes.
lightreceding
lightreceding
11/16/2017 | 1:04:11 PM
Cisco still struggling to find their place in the cloud
After missing the transition to the cloud and wasting enough money on Scientific Atlanta, the year before AWS was launched, to buy every CSP in the country over the next few years, and focusing instead on selling Nexus switching to the CSPs, Cisco finally builds its own cloud years later only to kill it last year. Now they do a PR partnership with Google and hype it up to try to look relevant in the cloud and they start charging for Catalyst software on a subscription basis and call that a new business model that will lead the forward. I cry for Cisco.


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