Outlook looks pretty bad. OEMs outside China also want parity with reduced rates in China, profit margin to plummet even more. We are royally f***ed!
10 replies (most recent on top)
BCG = https://www.thelayoff.com/boston-consulting-group
Whats BCG
CRD = country club
what's crd
Not necessarily, if you invest a modest amount into put options (betting on the price drop) you may reap huge benefits six months from now. QCOM will continue dropping like a brick and you can litterly make a huge fortune with a fairly modest investment into options. I am betting on that, so I am biased, but I will check in with you in 6 months and tell you how my 25K in put options on qcom did. I guess if you are an executive you are not allow to this, but for us grunts, this is an option for sure... Good luck all...
Old news. At CRD we knew about this all along.
Don't care, I am already looking for my next gig. I don't want to sink with this sinking ship.
@3106, I am not sure but I'd imagine so.
Is next round of layoffs going to be done the qualcomm way again? Volunteers will be taken?
Not surprised. YAWNNNNN!!!