Sunday Morning Laugh: Cisco mulls buying Nokia
Why? Why? Why? would Nokia sell-out?
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I have recently heard a lot of outlandish rumors of who Cisco might buy next – none of them has made any business sense to me, and they all would involve an acquisition of huge capital proportions. Like the others, it seems a real stretch to me that Cisco would spend ~$70B on an acquisition.
But why are these rumors floating around? I can think of three possibilities:
(1) Some really major acquisition is in the works, despite what my business sense tells me;
(2) Cisco’s investors would like to see Cisco make a big move and somehow get back to ceiling-less revenue growth, and a rocket flight stock;
(3) Cisco, itself, enjoys such rumors, for they keep the company full view in the mind of the Fortune 500/100 business executives whose mindshare they need for continued sales success (growth).
Does this make me a cynic?
(Or am I a cynic solely for my skepticism about Cisco stock climbing back to $70 per share…)
This is the most far-fetched idea since AOL buying Time Warner . . . Wait . . .