QCOM stock puts have been, and continue to be, free cash machines . Why wait. There is no upside to this stock, no growth, no promise of real innovation. All I see is a culture of resting and vesting , a culture of leaders with easily-bruised egos desperately clinging to their power at any cost, a culture where smart people are afraid to speak openly, a commitment to choosing the quickest path to a half-baked solution with no regard to the cost of technical debt. No vision, no room for new ideas or to challenge the old guard — just a chop shop for future work in low-cost engineering centers. Companies that can innovate , do. There are a few great engineers at Qualcomm, but the center of gravity has shifted roundly towards mediocrity. It feels like an insurmountable uphill battle here . How are YOU currently feeling about CA’s plan to turn Q into an “elite” software company ? I’m seeing our best SW engg being let go
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Summary of the week?
@OP Good luck!
Don’t be so salty that you got laid off, use that energy into something positive. It will pay off
Every stock is fu---d. The stock market could justify fat multiples when 10 year Treasury bonds were yielding 1%. In a 5% risk-free environment, not so much.
QCOM is at a low multiple already, and they have already taken a lot of the beating. I don't see a huge decline from here.
As far as the business outlook of QCOM, we have modem leadership, a patent library, and some really mediocre computing hardware. When we lose the first, someone will acquire us for the second and throw away all the engineers working on the third.
"Elite" software company? You have got to be kidding. Q software will never be anything more than average as long as bean counters and EE's fill the executive management ranks. Technical debt will continue to eat away profits, just like the US national debt has overtaken GDP.
No if you are Qualcomm employee. Employees cannot trade options