This company can't acheive profitability ever? What's the point of being in business?
Look at their history. Their expenses are going through the roof and whether they made $10M a qtr or $250M a qtr they always lose money? Why is that? $4 in 4 months. Who would want to pay twice that for a company that has no EPS!!! And before someone starts to argue let me add that take away the 1-time charges and you will see what I mean. BTW, why does the SEC allow companies to take 1-time charges every qtr? Makes no sense!!! They should outlaw that crap. Its a easy loophole for management to shove losses into that category and show a penny or two profit. Be very skeptical of companies that can't make a dollar EPS on an annual basis. Exmaine their cashflow, debt, future capital expenses and 1-time charges. and how much management has a stake in it and how much they award stock options. You will see a hollow company!! Could that be RFMD??? Watch out!!! $4!!!!!
Although your frustrations are appreciated, You should take into account that this is NO longer a bull market.. NOTHING can withstand the up coming financial flood.. RFMD looks like it's been maturing but as luck has it, it's gonna be demolished by this storm.. I don't mean to be a dooms day advocate but the unprecedented oils prices, record gold prices, increased consumer prices and a pathetic foreign/domestic policies all signal immense inflationary and interest rate pressures resulting in a HUGE bear market and maybe, just maybe a depression... I think the best move is to be on the sidelines and wait for the storm to wane.
Take a look next quarter and you will see things differently. This company has finally turned the corner and positioned to record huge profits next quarter and going forward.
Try driving by looking out through the winshield instead of the rear view mirror and you will see a clearer picture of their finances.
I can find many companies today that are selling at much higher multiples but don't even come close to rfmd's clean balance sheet nor do they have the products pipeline and customerbase that this company has.
"I can find many companies today that are selling at much higher multiples but don't even come close to rfmd's clean balance sheet nor do they have the products pipeline and customerbase that this company has."
But they don't have RFMD management.
Marrying a stock is courting disaster.
Is it possible you've missed something?