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Optimer Pharmaceuticals, AŞ Message Board

eastcoasttroll 349 posts  |  Last Activity: Sep 8, 2009 9:03 AM Member since: Sep 17, 2007
  • Reply to

    Short at 27.50

    by goldbyer Aug 25, 2009 10:18 AM
    eastcoasttroll eastcoasttroll Sep 8, 2009 9:03 AM Flag

    Sun, don't discount the manipulation that BRCM is subject to. I often see a huge dip the week before options expiry, which would be right in front of us.

    Just in case, I am ready to buy -- sometime this week if the cycle continues.

    Do you follow the options cycles?

  • eastcoasttroll eastcoasttroll Jun 19, 2009 7:49 AM Flag

    The third quarter, as is mentioned in the article, is historically the slowest quarter of the year. If this runs true this year, of course the orders would be down from the 2nd quarter.

    So, what is the problem. Don't be a worry wort, or even a simple wort.

  • Reply to

    brcm upgrade is on the way !!!!

    by bayamd2 Jun 17, 2009 1:39 PM
    eastcoasttroll eastcoasttroll Jun 18, 2009 12:29 PM Flag

    Here are the actual numbers from Dow Jones newswire

    Company Name Symbol New Trg Old Trg Current Time Span


    INCREASE:


    Broadcom Corp BRCM $39.50 $28.00 $25.42 12 Months

  • Reply to

    brcm upgrade is on the way !!!!

    by bayamd2 Jun 17, 2009 1:39 PM
    eastcoasttroll eastcoasttroll Jun 18, 2009 12:23 PM Flag

    FBR upgraded the target yesterday. I think the target went from $27 to $36 (or something like that). I was pretty surprised, but pleased.

  • Reply to

    earnings date

    by jstees1186 Jun 4, 2009 11:06 AM
    eastcoasttroll eastcoasttroll Jun 9, 2009 4:56 PM Flag

    Last year was July 22 a Tuesday, so maybe another Tuesday of July 21.

  • Reply to

    Any guess for Monday open/close ?

    by ferdoss May 10, 2009 9:11 PM
    eastcoasttroll eastcoasttroll May 11, 2009 7:09 PM Flag

    The uptrend for tech will quite possibly last until the end of July. It will zig zag until then, and then probably start a downtrend for the third quarter. Cyclical stocks and all that.

    I think before the end of July we'll see it well above $25. Will it reach $30?

    Management has already said they will not give further estimates of revenue. What they said in their conference call is what we have to go on. After that CC the analysts increased their estimates for earnings.

    QCOM said they would not estimate per share earnings -- just revenue -- in their recent CC. I don't think BRCM has recently given any per share earnings.

    As another poster said, we are pretty much at the mercy of the hedge funds. It is their playground.

  • Reply to

    Any guess for Monday open/close ?

    by ferdoss May 10, 2009 9:11 PM
    eastcoasttroll eastcoasttroll May 11, 2009 8:54 AM Flag

    You must think that your work here to bring the share price down is ineffectual. No? Only $20? Is that your work order, or are just just a little guy out on a limb?

    Cover now. The bear market rally in financials will not hold, although individual positions may do well. They will return to the bargains in Technology, where they will do well.

    This may be a sideways move for BRCM, but the trend is upwards. Still trading between 22 and 25 for the most part, until they break 25, and then it will be a new trading range.

    I doubt your prowess in bashing this stock will provide that $20 mark you wish for.

  • Reply to

    SEC charged crooks at BRCM - fyi

    by freespk99 May 8, 2009 10:05 AM
    eastcoasttroll eastcoasttroll May 10, 2009 4:12 PM Flag

    You really ought to know something about which you post. The SEC charges are a year old -- more maybe. Old news. Old news.

    Furthermore the Zacks analyst Abdul Saleh tried to give us a recent history lesson in this market. Nonetheless, that was old as well. There are decent analysts that actually can do more than read charts.

  • Reply to

    PE = 237??? WT

    by qunito99 May 7, 2009 1:57 PM
    eastcoasttroll eastcoasttroll May 7, 2009 2:09 PM Flag

    A more realistic PE would be foreward looking instead of hindsight. Hindsight included the writedowns they have been doing as they expire outdated products. Forward looking would reflect the ramp up expectations of the new and current products, including growth in wireless and baseband. Yes it's been a tough winter. Yes, BRCM expects growth. Yes, BRCM continues to employ talented design engineers to further these goals. Yes, they laid off 400 or so of their engineers. Don't they still have about 5000 around the world? Hmm. What do you think?

  • Reply to

    Courting Emulex ELX

    by eastcoasttroll May 4, 2009 11:35 AM
    eastcoasttroll eastcoasttroll May 6, 2009 2:23 PM Flag

    When the offer was originally made the share price was $4 and change. It spiked up to the offer price and since then it has been speculation. This is often what occurs in a buyout. I saw this with DNA last year -- and the eventual price tag was very close to the original offer.

    The analysts have been guessing what BRCM could pay for ELX, and have it acretive to BRCM share price. That was fuel for the share price.

    What is offered is offered. What is speculation is just that. So, would you settle for a real offer that exceeded nicely what you were yourself speculating on? Or, would you hold out for a maybe? If you want that maybe, you should sell at that $11 speculated price of today.

  • Reply to

    Perfect sell & Short altogether when

    by accentlg May 4, 2009 9:54 PM
    eastcoasttroll eastcoasttroll May 5, 2009 8:54 AM Flag

    You know something? You ought to ask the guy who posted yesterday to go long QCOM and short BRCM. I have a feeling that he isn't feeling so great about shorting BRCM. Do a little DD before you decide winners will be losers. Oh yes, remember you are not the decider, just the rider.

  • eastcoasttroll by eastcoasttroll Apr 29, 2009 7:04 AM Flag

    NEW YORK (Dow Jones)--Emulex Corp. (ELX) Chief Executive Jim McCluney said the Emulex board of directors is reviewing the unsolicited acquisition offer from Broadcom Corp. (BRCM), but it is premature to comment further at this time.

    "The board of directors is conducting a thorough process to review the proposal," McCluney said during a conference call to discuss the company's third-quarter earnings. "As such, we are not going to discuss questions on the proposal."

    Last week, Broadcom launched an unsolicited bid to acquire Emulex for about $764 million, or $9.25 a share, a 40% premium to Emulex's closing price before the deal was announced.

    According to Broadcom, Emulex rejected earlier advances and, in January, Emulex installed protections against hostile takeover offers.

    Emulex makes a networking technology used in computer storage networks called fibre-channel. Analysts say the ability to sell fibre-channel along with Broadom's ethernet products would help Broadcom expand its footprint in networked storage.

    Emulex shares were down 0.2% to $10.29 after hours.

    -By Jerry A. DiColo, Dow Jones Newswires; 201-938-5670; jerry.dicolo@dowjones.com

  • eastcoasttroll by eastcoasttroll Apr 29, 2009 6:59 AM Flag

    NEW YORK (Dow Jones)--With patent fights between Broadcom Corp. (BRCM) and Qualcomm Inc. (QCOM) now over, Broadcom should be primed to start executing on its wireless strategy.

    The settlement between Broadcom and its rival of all outstanding patent litigation lifts a significant roadblock for the chip maker as it expands its wireless business. In addition to the cash settlement and lower legal expenses, Broadcom can assure customers they'll have access to important chip technology. Also, with supply deals already lined up, the company should be primed to expand the growth in its wireless unit.

    On Sunday Qualcomm agreed to pay $891 million to Broadcom over four years to end litigation and exchange patent rights. Broadcom will receive $200 million in the second quarter as part of the settlement.

    Broadcom shares recently fell 2 cents $24.20. For the year, the stock is up nearly 43%, more than twice the gains by the Philadelphia Semiconductor Index.

    Broadcom, which sells chips used in home and business networking as well as cellphones, has been ramping up its wireless business to tap into what has up until recently been a fast-growing technology sector.

    Over the past year, the company garnered chip supply wins from Nokia Corp. (NOK) and Samsung Electronics Co. (005930.SE), as those firms look to expand their supplier base. But with continued litigation, there were concerns that Broadcom may not be able to offer some third generation, or 3G, wireless technology being used in more and more phones. Qualcomm owns the majority of those patents.

    With litigation risks lifted, analysts said Broadcom is positioned to expand.

    "Strategically, (Broadcom) should now be able to aggressively target the 3G and eventually 4G wireless markets with its baseband and multimedia offerings," Barclays analyst Tim Luke said in a note to clients.

    The market environment looks right for Broadcom's expansion as well. Major players such as Texas Instruments Inc. (TXN) and Freescale Semiconductor Inc. have begun to retreat from the wireless sector. Meanwhile, handset makers want to diversify their supply base and mitigate the dominance of Qualcomm by turning to others, including Broadcom and STMicroelectronics NV (STM).

    For example, in 2007, STMicro nabbed the 3G business at Sony Ericsson, netting the company around $400 million in revenues, said Robert W. Baird analyst Tristan Gerra, all at the expense of TI. He added that the total TI opportunity represents roughly $2 billion in revenue alone.

    In the first quarter, Broadcom's mobile and wireless unit - which includes chips used for wi-fi, Bluetooth, global positioning systems and cell phones - represented 37% of its net revenue. Chief Executive Scott McGregor said recently that the company will begin to ship millions of handset chips in the second quarter.

    That's in addition to the $691 million in cash from Qualcomm, which UBS analyst Uche Orji said could could represent 40 cents a share annually over the next four years. Additionally, settling the litigations could save 5 cents to 10 cents a share in legal costs.

    "They can add very significant revenues should they execute," Baird's Gerra said.


    -By Jerry A. DiColo, Dow Jones Newswires; 201-938-5670; jerry.dicolo@dowjones.com

  • Reply to

    settlement

    by donnalionesse Apr 26, 2009 9:29 PM
    eastcoasttroll eastcoasttroll Apr 27, 2009 8:09 AM Flag

    BRCM and QCOM are not heading into negative territory if premarket has anything to do with it.

    This is a settlement that allows both companies to move forward. Thank you. It also reflects some of the squirming QCOM has been doing.

    Still, IMO BRCM has a better future and leads in the cellular field with their combo chips, low energy products. Baseband is increasing. They have retired out of date older products that ran their course. Cleaning house should lead to the strong earnings they foresee for this year.

    The recession continues, but does everybody have an iPhone yet? Amazing.

  • Reply to

    QCOM delay?

    by pdubs2000 Apr 23, 2009 1:10 PM
    eastcoasttroll eastcoasttroll Apr 23, 2009 5:54 PM Flag

    No way.

  • Reply to

    QCOM delays 1Q earnings report

    by eastcoasttroll Apr 22, 2009 4:47 PM
    eastcoasttroll eastcoasttroll Apr 22, 2009 6:38 PM Flag

    Yes. It's been a black cloud hanging around, and I'll be glad to have it done with. Good luck to you, Gutboy.

  • Reply to

    5-Star Stocks Poised to Pop: Forest Labs

    by gotboy09 Apr 22, 2009 1:00 PM
    eastcoasttroll eastcoasttroll Apr 22, 2009 4:55 PM Flag

    Do you own Forest Labs? I cannot imagine buying a stock on the rec of Fool. Interesting that they didn't even mention the product and its place in the economy.

    Good luck to both of us on the settlement. Wall Street will be pleased just to have it settled.

  • eastcoasttroll by eastcoasttroll Apr 22, 2009 4:47 PM Flag

    It was scheduled for today, but since they are in settlement talks with BRCM they have delayed until Monday. We may not hear the outcome until after the close Friday.

    QCOM did say that excluding BRCM settlement they have met or exceeded estimates. That doesn't make too much sense, since this settlement won't be recorded in the 1st quarter.

    BRCM has won much of the litigation with QCOM, and I expect it will be a brokered settlement. There are things that go both ways, though. Finally, will be be over?

    QCOM owes BRCM some Royalties. How much?

  • Reply to

    PPS bump up and Volume big time.

    by eastcoasttroll Apr 22, 2009 10:15 AM
    eastcoasttroll eastcoasttroll Apr 22, 2009 4:35 PM Flag

    Over 26 million and what a bonus. Have any guesses how the litigation with QCOM went? Those litigation expenses are the only thing that BRCM couldn't estimate for 2Q!!! I think they will earn it.

  • Reply to

    PPS bump up and Volume big time.

    by eastcoasttroll Apr 22, 2009 10:15 AM
    eastcoasttroll eastcoasttroll Apr 22, 2009 11:13 AM Flag

    Yes, you are right they posted a loss. However, it is never just the bottom line.

    They exceeded analysts' estimates taken from BRCM's guidance. They did very well, considering this is historically their weakest quarter. Guidance for 2Q is stronger than it was for 1Q.

    What will be interesting is to see the new estimates from analysts who share publically after first providing that information to their employers.

    Volitility will continue.

    What was interesting, was that BRCM's customers have asked that BRCM not give further guidance for the quarter. Was that because of the iphone?

    They anticipate growth virtually across the board driven by new product ramps and normal seasonality in mobile and wireless. And in broadband growth in all targets.