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Cisco Acquires Splunk

splunk.com

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Re: Cisco Acquires Splunk

#501

Post by seesaw »

PaulHoule wrote: post #158
bane wrote: post #108

To pile onto the Splunk "love" going on here. Splunk is one of those systems that's too "powerful" for small use-cases, but too expensive for the ones it's really designed for. Anecdote, I once worked with a client that really wanted to get Splunk, but produced so much network traffic that the discounted annual costs were more than the entire budget for the rest of the organization combined. That's staff, the buildin…

Sounds like something Oracle would love.

Oracle already has a log analytics solution that competes with Splunk.

https://www.oracle.com/manageability/logging-analytics/

Re: Cisco Acquires Splunk

#502

Post by johnvanommen »

hyeomans wrote: post #428
theogravity wrote: post #406

Earlier quoted context omitted.

The not-insider-trading possibility: It's possible someone was selling contracts as a hedge since the tech market has been really bad this week. A market maker was obligated to buy the contracts. The person selling the contracts gets $22k in premium, and misses out on the pop. The market maker will absolutely exercise the contracts and profit. (This is coming from someone who sold APPL calls expiring tomorrow for .08…

I understood nothing of what you said, what is a good resource/starting point to understand the meaning of this?

Buying options is a great way to go broke fast

Selling options, on the other hand...

Re: Cisco Acquires Splunk

#503

Post by johnvanommen »

secfirstmd wrote: post #383
onei wrote: post #381

Earlier quoted context omitted.

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

Possibly. I guess you can't remove the idea that the information was found through some open means. For all we know the private jets of the Cisco leaders might have been in the same location as those from Splunk.

If the buyer works for Cisco or Splunk, they're going to have a bad time

Re: Cisco Acquires Splunk

#504

Post by johnvanommen »

theGnuMe wrote: post #224
objektif wrote: post #184

Earlier quoted context omitted.

It has to be insanely complicated with horrible UX too so probably did not pass.

sumologic would qualify then.

If anyone's ever wondered how it got the dumb name:

Back in the day, I worked for an automation company. The software was called "Blade Runner." This was in the era when blade servers were all the rage.

Turns out you can't use a copyrighted name, so they changed it from "Blade Runner" to "BladeLogic." (All the directories are still "BR" btw.)

A bunch of the people from BladeLogic pulled a Mark Zuckerberg and moved from the Boston area to the Bay Area and founded SumoLogic, hence the name.

Re: Cisco Acquires Splunk

#505

Post by toochtooch »

bradleyjg wrote: post #478
onei wrote: post #381

Earlier quoted context omitted.

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

Not that I recommend you try this, but my understanding is that if a careless splunk executive were talking about the merger on the phone at the local coffee shop and you, a total stranger, happened to overhear you could trade on that without it being a crime.

Cisco and Splunk merger/acquisition rumors are at least 1 year old. Lots of Splunk employees speculated that it would be announced at the last Splunk conf (2022). Either way I vote for this being a blatant insider trading.

Re: Cisco Acquires Splunk

#506

Post by toochtooch »

qeternity wrote: post #424
DSingularity wrote: post #400

Earlier quoted context omitted.

They lose 22,000$ This was insider trading.

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.

How exactly are you scalping gamma by buying calls 24 hours before expiration?

Re: Cisco Acquires Splunk

#507

Post by notsureanymor99 »

jitl wrote: post #422
bugsense wrote: post #38

Earlier quoted context omitted.

Splunk is a dead player too. It's a great match.

We [Notion] switched to Splunk Cloud a year or so ago, and it's vastly better than the other logging systems we've used. Much, much better than Kibana/Elasticsearch. We don't need to worry about indexed property limits anymore, yay. I'm a happy user.

Same for us [Obsidian Sync] although we've not had to worry about property limits, yet - although seems like we won't have to either. For us it was having a lot of in house experience with splunk already that gave us a reason to consider and in the end settle on it.

Re: Cisco Acquires Splunk

#508

Post by alisonkisk »

johnvanommen wrote: post #502
hyeomans wrote: post #428

Earlier quoted context omitted.

I understood nothing of what you said, what is a good resource/starting point to understand the meaning of this?

Buying options is a great way to go broke fast Selling options, on the other hand...

[dead]

Re: Cisco Acquires Splunk

#509

Post by mekster »

johnvanommen wrote: post #503
secfirstmd wrote: post #383

Earlier quoted context omitted.

Possibly. I guess you can't remove the idea that the information was found through some open means. For all we know the private jets of the Cisco leaders might have been in the same location as those from Splunk.

If the buyer works for Cisco or Splunk, they're going to have a bad time

If the buyer was told buy an insider, that still blows.
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