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by BeefWellington 1501 days ago
Yeah, especially when you see that 2012 was basically just buying the dip[1].

It's entirely probable that this Senator just got wind of the fact that while their numbers weren't great at the time people are always gonna need telco equipment.

Their acquisitions in 2012[2] could have simply included something the Senator liked.

I'm all for tarring and feathering government officials who profiteer off their advance knowledge, but this seems like an incredibly big reach, bordering on satire.

[1]: https://www.macrotrends.net/stocks/charts/CSCO/cisco/stock-p...

[2]: https://www.cisco.com/c/en/us/about/corporate-strategy-offic...