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Cisco Acquires Splunk

splunk.com

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Re: Cisco Acquires Splunk

#491

Post by mejutoco »

nameistaken wrote: post #469
qeternity wrote: post #424

Earlier quoted context omitted.

This is an overly simplistic view of options trading. Let’s say I had a view that the stock was going to be volatile, more so than options implied, but didn’t have a directional view. I could buy the calls and short the stock and scalp my gamma during the move. Or let’s say I was short the stock and wanted to hedge during a volatile FOMC period.

You and I have vastly different definitions of 'overly simplistic'. Scalping your gamma? Feels like the stock market is just a bunch of jargon, subterfuge and financial sleight of hand. Like we learned nothing from 2008, and just created financial 'products' mechanisms and gambits out of thin air. Stock shorting has got to be one of the most pants-on-head stupid things I've ever heard. Well, next to gamma scalping.

> Stock shorting has got to be one of the most pants-on-head stupid things I've ever heard.

What are your thoughts on insurance? Because shorting can be an insurance/hedge against price changes.

Re: Cisco Acquires Splunk

#492

Post by jiggawatts »

pmcf wrote: post #392

Everyone complains about how expensive Splunk is but the amount of compute and storage consumed by processing logs is ridiculous. I feel like we should be talking about the sad state of logging where we think it’s perfectly ok to dump millions of 10k stack trace dumps and think that should be cheap.

I once sat down and ran the numbers of what it would cost to host logs myself on the "fanciest" cloud hosts I could find: "storage optimised" Azure Lasv3 series VMs that have AMD EPYC CPUs and 8x NVMe SSD drives.

It worked out to be something like 20x to 30x cheaper than any of the cloud solutions such as Splunk or Azure Log Analytics.

Re: Cisco Acquires Splunk

#493

Post by cosgrove »

onei wrote: post #381
nathancahill wrote: post #370

Earlier quoted context omitted.

Someone wasn't surprised: https://x.com/unusual_whales/status/1704870849831125446?s=20

From an outsider perspective, it looks hard to label this as anything but insider trading. Is that the wrong take?

r/WallStreetBets folks do this type of thing all the time... wouldn't be surprised if it was someone gambling.

Re: Cisco Acquires Splunk

#494

Post by xmcqdpt2 »

nathancahill wrote: post #370
tw04 wrote: post #11

Wow - I guess I'm both surprised and completely unsurprised. Surprised because Splunk is a pretty big pill to swallow. Unsurprised because they've obviously been interested in the space for a long time (they attempted to acquire Datadog and got shot down). https://realmoney.thestreet.com/investing/technology/cisco-r... Good luck Splunk folks - Cisco isn't exactly known for their software innovation in the upper stack…

Someone wasn't surprised: https://x.com/unusual_whales/status/1704870849831125446?s=20

Someone is going to get a visit from the SEC...

Re: Cisco Acquires Splunk

#495

Post by xmcqdpt2 »

posnet wrote: post #417
Sebguer wrote: post #386

Earlier quoted context omitted.

Matt Levine's money stuff offered the hypothesis that it could just be normal gambling. But, it's almost definitely insider trading, and either way, someone will definitely be getting an SEC visit.

They also directly broke Levine's second rule of insider trading. 2. Don’t do it by buying short-dated out-of-the-money call options on merger targets [0] [0]: lawsofinsidertrading.com

Yeah I would have thought they should have bought Datadog stock instead... but actually DDOG is down. I'd make a poor trader.

Re: Cisco Acquires Splunk

#496

Post by xmcqdpt2 »

kabes wrote: post #409
roozbeh18 wrote: post #391

Earlier quoted context omitted.

Easy for sec to identify affiliation to Splunk for this call.

What's the chance the sec will go after this? I guess they don't have the capacity to go after all these cases, even the clear cut ones

The SEC is 100% on the case right now. They catch people all the time doing much smaller version of this.

Re: Cisco Acquires Splunk

#497

Post by spopejoy »

posnet wrote: post #417
Sebguer wrote: post #386

Earlier quoted context omitted.

Matt Levine's money stuff offered the hypothesis that it could just be normal gambling. But, it's almost definitely insider trading, and either way, someone will definitely be getting an SEC visit.

They also directly broke Levine's second rule of insider trading. 2. Don’t do it by buying short-dated out-of-the-money call options on merger targets [0] [0]: lawsofinsidertrading.com

Which every time he invoked said law, he also backs off and says it's probably gambling or automated hedging, or in the original case, a failed "broken wing iron condor straddle" going the opposite direction

Re: Cisco Acquires Splunk

#498

Post by Indian_in_US »

AdamN wrote: post #477
ilyt wrote: post #318

Earlier quoted context omitted.

No, it's orders of magnitude cheaper than Splunk.

They mean doing the processing that Splunk does is expensive so there simply needs to be less data going into the system (via the pre-processing steps I mentioned) above in order to keep costs sane. With that said Splunk should offer such a pre-processing product (maybe it does?) which would probably increase their moat even though it reduces revenue somewhat in the near term.

Splunk has Edge Processor and Ingest actions to filter, mask and route data.

https://www.splunk.com/en_us/blog/platform/introducing-edge-...

https://www.splunk.com/en_us/blog/conf-splunklive/ingest-act...

Re: Cisco Acquires Splunk

#500

Post by neonnomad »

neonnomad wrote: post #270
aeonik wrote: post #9

Earlier quoted context omitted.

Which ones do you recommend? Every one I have tried hasn't really given me the same flexibility as Splunk, most seem to miss the core part of what makes Splunk cool. Though I'd definitely like to see Splunk improve their design.

There are some players that are more established than others but check out: https://panther.com - Built on top of Snowflake, so it scales well and they are building a more Splunk like interface. https://runreveal.com - Still seed but shows a lot of promise https://matando.dev - Still seed and don't have a hosted product yet but smart founders that have the right idea https://hunters.ai - More threat hunting than SIEM…

sorry thats https://matano.dev
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