Saturday, December 16, 2017 7:35:10 PM
Unfortunately, I only bought 40 calls because I could not find anything on their plans for repatriation and thought it was riskier (and getting in now may be more so). I'm still holding 20, hoping it will surge again.
On a somewhat different note, I studied Walmart's buyout announcement in oct 2017. They announced a 20 Billion usd buyback over 2 yrs. Their stock surged 7 or 8 percent in a few days.
http://www.businessinsider.com/walmart-stock-price-20-billion-buyback-announcement-2017-10
Their market cap was a bit bigger than csco' I think they were around 240 billion at the time. Csco' s market cap now is about 190 Bil.
So best case if CSCO announced that they would put all their 70 bil overseas cash (maybe 60 Bil after 15 percent repatriation tax bill), I would expect a 20 to 30 percent surge in a short period of time, if the market responded similarly to the walmart announcement.
Variables of course include tax plan passing finish line, date of any potential buyback announcement, planned buyback amount, market cap at time of announcement, and market response.
Time will tell.
God grant me the serenity to deal with the things I cannot change; courage to change the things I can and should; and wisdom to know the difference.
Recent CSCO News
- Cisco Becomes Official Partner of the LA28 Olympic & Paralympic Games and Team USA • PR Newswire (US) • 06/20/2024 04:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/18/2024 11:59:59 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/18/2024 11:58:58 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/18/2024 11:58:02 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 06/18/2024 11:56:48 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/14/2024 11:00:25 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/14/2024 10:58:28 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/14/2024 10:56:30 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 06/14/2024 08:27:10 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/14/2024 08:06:44 PM
- Cisco Appoints Ekta Singh-Bushell to Board of Directors • PR Newswire (US) • 06/14/2024 01:00:00 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 06/13/2024 08:41:24 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 06/13/2024 08:26:20 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/12/2024 09:19:08 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/12/2024 09:18:06 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/12/2024 09:17:23 PM
- Cisco and Splunk Announce Integrated Full-Stack Observability Experience for the Enterprise • PR Newswire (US) • 06/05/2024 03:06:00 PM
- Apollo Buys 49% of Intel’s Irish Plant for $11bn, BlackRock and Citadel to Create Texas Exchange, and More News • IH Market News • 06/05/2024 11:41:36 AM
- Cisco Live 2024: Cisco Announces New AI-powered Innovations and Investments to Help Customers Unlock a More Connected and Secure Future • PR Newswire (Canada) • 06/04/2024 03:06:00 PM
- Cisco Live 2024: Cisco Announces New AI-powered Innovations and Investments to Help Customers Unlock a More Connected and Secure Future • PR Newswire (US) • 06/04/2024 03:06:00 PM
- Cisco Security Cloud Vision Comes to Life, Transforming Enterprise Defenses • PR Newswire (US) • 06/04/2024 03:06:00 PM
- Cisco Reveals Nexus HyperFabric AI Clusters, A New Simplified Data Center Infrastructure Solution with NVIDIA for Generative AI • PR Newswire (US) • 06/04/2024 03:06:00 PM
- CISCO LAUNCHES $1B GLOBAL AI INVESTMENT FUND • PR Newswire (US) • 06/04/2024 03:06:00 PM
- Cisco ThousandEyes Digital Experience Assurance Radically Shifts IT Operations from Monitoring to Action • PR Newswire (US) • 06/04/2024 03:06:00 PM
- Cisco Live 2024: Cisco Announces New AI-powered Innovations and Investments to Help Customers Unlock a More Connected and Secure Future • PR Newswire (US) • 06/04/2024 03:06:00 PM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM