Thread regarding Qualcomm Inc. layoffs

Jacobs Says Time Isn't Right for Takeover Bid

Jan.16 -- Former Qualcomm Inc. Chief Executive Officer Paul Jacobs, who left the chipmaker last year and then said he was preparing a bid to take it private, said the “time isn’t right” for such a move. He speaks on "Bloomberg Technology."

He is waiting for the stock price to drop further.

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| 2036 views | | 7 replies (last January 23, 2019) | Reply
Post ID: @OP+XaZPidQ

7 replies (most recent on top)

Mexico will pay for the wall before PJ buys it back.

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Post ID: @6pzf+XaZPidQ

or maybe SoftBank Group as they may want to develop own 5G networks without Chinese base stations.

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Post ID: @1kuo+XaZPidQ

guess investment banks not on board with idea. mayhap saudi’s will bank him.

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Post ID: @1hxq+XaZPidQ

$25?

Please recall $80 materially undervalues the company according to SM

That said, I'm not sure the stock will be as high as $25 in a few months from now

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Post ID: @1nvd+XaZPidQ

What he said is when stock price hit 25, time for takeover.

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Post ID: @1unt+XaZPidQ

Unless there’s a fundamental change at the top of the company, the stock price is bound to continue its downward trend. PJ is hoping to buy it cheap. I’m so happy to have gotten out of there.

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Post ID: @1rbw+XaZPidQ

Like Walmart, prices are dropping. I don't want revenue to plummet, nor royalties. But risk of hard times ahead is very high.

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Post ID: @lgw+XaZPidQ

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