This market related sell off and all depends on China. If China sells tonight then the market will follow it tomorrow.
It seems that Chinese are inexperienced to deal with free market and brutal force does not work anymore.
We have to wait until things settle down.
My 25 years of market experience tells me be careful when a company is silent. There is something bad that they do not want to talk about at this time or release anything that covers the bad news since they will be reliable.
It may be a version 2008 but at least the market is not acting alone and China is not a small country to ignore easily. As long as China bleeds then the whole market will bleed and some stocks that do more business in China will drop more than others.
The sector has been forced to merge for growth.
So far, we have the followings:
RFMD + Triquint (QRVO)
AVGO + BRCM
INTC + ALTR
NXPI + FSL
It is time for QCOM and SWKS to grab smaller companies.
SWKS + CRUS or QCOM + CRUS sound reasonable.
CRUS is cheap but can produce good revenue for the buyer.
How about $3B deal. This is only 2.3 average yearly revenue, very cheap.
CRUS shareholders can get $45 per share.
I worked on voice recognizing software for some medical equipment. Not touching tools in the surgery room is very desirable but convincing FDA is tough since it does want to see anything goes wrong.
Of course, displaying the commands for confirmation is one way to avoid any error. However, dealing with different accents is very challenging.
I do not know if crus has worked in this area but this may be an area for the company to grow.
My family uses iPad to watch movies and listen to music
Better Audio is something that we look forward to see for next iPad generation.
CRUS should not be worry about SWKS/QRVO actions since they ran hard in past few trading days while CRUS did not.
Now, it is time for CRUS to do something while AAPL is in green.
It seems that AAPL bottomed and CRUS should do the same but with a delay.
Bring it on shorts and see what you got. Perfect trap, no knows!
Quarter after quarter, not portable revenue is going up. Amplifiers and Filters (analog/digital) controlled with software are in CRUS mind (smart parts and modules).
With software control, flexibility and reduction in hardware is possible while the modules becomes smart and easy to communicate and control. So the goal for components and modules are:
1- Low power
2- Smaller size
3- Smart module with software
4- Easy to communicate and control.
Here we go and CRUS can expand to many areas and become another BRCM or even better.
In past 3 trading days, CRUS has dropped the most and gained the least compare to QRVO and SWKS.
It sad compare to QRVO that missed its estimates.
CRUS management needs to do something instead of being silent. Why no news for its recent acquisition?
No one should not be worry since estimates (revenue and income) and cash position are rising.
It will catch up in a short time.
Look at ORCL and many others that missed and lowered estimates but they are not as much down as AAPL. This is a new to retail investors since hedge funds try to fool them.
That was a page from doom and gloom that is going for years until someday happens. No wonder that even a broken clock is right twice a day.
Watch is sold to people who can afford it but not people who cannot afford an iPhone.