It will fall right back to the 50's where it was pre merger announcement.A lot of people think it is where is at on its own merits.
Wake Up .
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You think were ignorent? Your the ignorent one buddy, were all stable genuses here.
And yes I know it is Broadcom with one "m"
There is a very important factor, and that is the 2019 earnings projections which are now looking pretty encouraging. Also, the tax reduction on repatriation gives QCOM a pretty solid buyback stance in case NXP doesn't happen. Maybe BRCM forced the buyback stance, but they are the executioner...we had a close call with death and now moving in a better direction. Not a Trump fan because of his stupidity on social issues, but the tax changes brought forward by republicans are actually helping Qualcomm and others bring money back to the US where it belongs. Broadcomm is a predator and time for them to go away and look for an easier target.
balderdash ... AVAGO offer not propping-up stock price. Send in WHITE card and discard BLUE card to increase net worth 25-fold.
@gey Go check what the word „trolls“ means.
It doesn‘t matter what Q believes where the stock price should be. What matters is where it WAS before the Broadcom offer.
Trolls. Go read the q statement. Q believes brcom offer is 1/2 the value it should be.
OP is correct. But if Q completes NXP acquisition and resolves dispute with Apple, it would be a whole different story.