Out xurrent BRDCM stock proves that it was all a house of cards. Without Qualcomm aquisition the stock nose dived. No organic growth..just some idiotic share buybacks which was a hollow bullet.
Worried about cuts now that the stock is going down and fruit has reduced orders.
He pumps and dumps like a pyramid scheme.
The point is that stock will certainly appreciate but at the cost of layoffs..
Octane is already making moves and looking into streamlining US operations..
The stock will go to 300 with or without a R&D cut. If the stock drops further rest assured the weak groups will be cut.
Stock has held...
Also Hock is highest paid CEO
https://www.straitstimes.com/business/companies-markets/broadcoms-tan-hock-eng-highest-paid-ceo-in-us-last-year-as-median-pay-for
Come on, believe our CEO, never lose faith and he can turn brcm as a better company. 300 is ahead and we will be there soon!