after this Q's 0.16 earning is adjusted. That means if it stays at $9.5, it would trades below book value as it shall make ~ the same （4 x 0.16） x 2.， and, you know what, it is likely to trade below $9.5 for for minutes or hours or even days. == Get your money ready!
What is the implications??? Probably none after calm-down.
Funny， but false. Yet, some people believe it -- ODP up 5% now.
That's is what analyst want you to believe when they drive down any stocks for accumulation, including Msft and FB and CSCO, not that long ago.
Anyalysts seem to play that and people believe it?
Spls down 1+% while Odp up 5%, at this moment.
Down 4% for no reason -- so? Who know what it closes at for no reason either!
bounded about 3%. I might make sense to exchange 2 shares of Elx for 1 share of Qlgc now. and keep the changes.
Lots of cash, and trade barely above book value.
Tomorrow??? Some analysts talked like there is no tomorrow for Elx and Qlgc. And they talked down on JCP and even CSCO. Do you know what happen some weeks later???