Beyond Cisco's Revenues - Moo ! " They can buy
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Posted On: 12/20/2018 10:33:44 PM
Beyond Cisco's Revenues - Moo !
" They can buy us for 12B! "
Yes they could because earlier this year, lower corporate tax rates enabled Cisco to repatriate $67 billion in overseas cash. Cisco earmarked most of that cash for buybacks, dividends, and domestic acquisitions.
But one most also know that the DUO $2.35B acquisition was their Largest since 1Q 2017.
So $12B or even the $8B figure Mark Kay stated 2 Years ago as a minimum, seems out of Ciscos Comfort Zone.
Question to Cisco's CEO Chuck Robbins is,
Why buy the Infringing Sour Milk when you could Buy the MFA OOBA Cow ?
" They can buy us for 12B! "
Yes they could because earlier this year, lower corporate tax rates enabled Cisco to repatriate $67 billion in overseas cash. Cisco earmarked most of that cash for buybacks, dividends, and domestic acquisitions.
But one most also know that the DUO $2.35B acquisition was their Largest since 1Q 2017.
So $12B or even the $8B figure Mark Kay stated 2 Years ago as a minimum, seems out of Ciscos Comfort Zone.
Question to Cisco's CEO Chuck Robbins is,
Why buy the Infringing Sour Milk when you could Buy the MFA OOBA Cow ?
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