Congrats everyone on winning the loser prize of the decade.
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CA has a leading position in the mainframe software market, irrelevant to most CIOs.
VMW has a leading position in the virtualization software market, irrelevant to many CIOs.
Therefore, it's true that Broadcom Software has a leading position in declining markets.
Now Broadcom will discover the full reality of VMware. Let's see how Broadcom stock holds up under such a strain. Hollow VMware could be the acquisition that brings down the empire. Who will be acquiring Broadcom in 2 years for a firesale?
You were acquired because you are already like CA. Welcome!
The whole end stage capitalism is going to blow up soon.
95% of the mortgages are owned by the US government through Fannie Freddie and Ginnie Mae. US has been blowing up the real estate bubble and has accelerated it after covid with zero percent interest rates. US is a centrally planned economy.
China has been blowing its real estate bubble for decades and it is blowing up now.
China and Japan who buy US treasuries and keep interest rates low are having problems of their own. The long end of the curve is blowing up. Brenton woods 2 currency regime that Nixon put in place is coming to an end.
This is not the normal tech cycle where Cisco handed off to Amazon and Google.
This is the end of the current international currency regime.
Expect chaos until a new regime is put in place.
Best of luck. Take care.
Actually the history of CA shows it to be more similar to Broadcom. They were once a powerful company. Very. They got there by acquiring companies and firing people. Ultimately they ended up n the trash heap and AvGO bought them.
CA was a mostly irrelevant software company aside from a solid base of sticky mainframe revenue.
CA had already gone through several CEOs promising growth and relevance outside the mainframe all of which failed a
CA had already culled half of their early 2000’s 20k employee base by the time Broadcom came along and leaned out the business significantly in preparation for a buyout.
CA makes more sense under Broadcom as a chunk of legacy revenue that can exists within a large technology portfolio and the same is probably true for Symantec.
VMware was probably bloated and needed a trim but they certainly didn’t need to be dismantled.
If the tech industry starts doing what Broadcom is doing and starts consolidating everything down to just lines of revenue in a conglomerate mega corporation’s financial portfolio then the middle class will continue to vanish into oblivion.
Happy Thanksgiving from a CA Nobody.
So I guess now that the CEO is sending messages with news it is back to the general bi--hing and moaning?
VMware, the new tallest mid-et at the AVGO circus. Calling them Broadcom is a disservice to the great company Broadcom once was
Welcome to the start of the slow decline.
Thanks!
No worries, most of us are leaving!
We will make you the chief loser!