How many times for the past few months has BRCD gone up and down 15%? The fact that it hasn't gone up much with respect to the rest of the group like QLGC and ELX makes me think this is already priced in. You can't make money by reacting to old news. The MMs will make sure the shorts lose big by gapping up at the open. Only the weak longs would sell on panic AH. And only the idiot shorts would go short on greed AH. And let's not forget job cuts means higher profit for the company. Take a look at BRCM. This sh*tty company is losing much more money than BRCD and is trading at 20.