Assuming no more excuses crop up for pizz-poor operating margins (they've been at this business for 20 years -- one would think they know how to run it instead of being in perennial fix-it mode), the time has come for Rfmd to have in place a follow-on story to i5C, one that shows continued revenue growth beyond $310 million.
The only way out of this EPS-restricted share price seems to be revenue growth at 38%. Will Carrier Agg do it?
Increased content per phone while holding customer share of mind seems to be the way forward.
$330 million with follow-on 8% projected annual revenue growth would allow PE to move the share price out of the bound range.
Let's hear the 2014 story, Rfmd. On the back of a successful i5C story, that is what is needed to dispel doubts about Rfmd's habit of always collapsing.
unfortunately the most likely scenario will be the continuation of the perennial fix-it mode (nice description Monrio) combined with the perennial massive free share awards and the perennial collection at whatever the price