So far, with the exception of AMD (lol), chip companies reporting have been pretty good. NXP smashed earnings estimates with their expanding lead in NFC. Intel is ok with their computer segment. ARM had a really good quarter with licensing and royalty, and Broadcom surprisingly had an ok quarter with their mobile group. We will find out tomorrow how QC does. Good luck people. Hopefully, the stronger results from these chip companies reflect QC's own result. Can't complain about NXP or ARM though. I'm sure glad I diversified some from QC stock into NXP and ARM when prices were low. Thank you NXP and ARM!
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Stacy Ragson is hot
I suggest everybody listen to the earnings call and analyst questions. I always like the ones from Modoff and Stacy Ragson.
I'm thinking flat, earnings lower but better than first quarter, no stock movement since the announcement will be neither positive or negative.
Which will in turn increase pressure for a downsize or divesture.
We'll miss earnings a notch, the stock will go up since a bigger miss has been built into the price. I have no insider info, just a gut feeling