<Called some old contacts on the Street and they were perplexed too. Everyone had their own opinion. Tax selling, shorts covering with help from MM. Those who listened to the call agreed it was unusual for them to guide two quarters out unless they felt strong about the March quarter. Thoughts were they knew Nokia would be in even though they weren't in this quarter. >
Very well said. Today's action defeats fundmental investment policy. Perhaps RFMD managements themselves puzzled about the market reaction for results.
So what do you think is going to be done? RFMD file a compliant to the SEC? I don't know, but i think it is just the way it is. It's wrong, but MM controls everything. They could tank a stock or bring it up high. Anyway maybe we get a turn around in the morning