XJO - Bear Posts only (Factors which might cause the markets to fall), page-16057

CISCO don't provide storage (cloud), they provide networking infrastructure (poles and wires). From their profile:

Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and China. The company also offers switching portfolio encompasses campus switching as well as data center switching; enterprise routing portfolio interconnects public and private wireline and mobile networks, delivering highly secure, and reliable connectivity to campus, data center and branch networks; wireless products include wireless access points and controllers; and compute portfolio including the cisco unified computing system, hyperflex, and software management capabilities, which combine computing, networking, and storage infrastructure management and virtualization.

Perhaps the enthusiasm to connect the dots in support of the BEAR case leads to a false narrative.