don't bother..they have always been wrong about this #$%$ stock. no performance for last 10 years.
It cost them 750 million. that is my point. shareholder dont like that.
your statement is kind of stupid. Do you see stock moving forward for the last 10 years?
I don't know how much they made with the stolen technology. They could have bought it for a few million dollars from the university instead of stealing it and denying it for years trying to fight.
It does not seem they have business ethics plus they have very #$%$ lawyers.
That is $4/share. The question is how much is business worh. Right now it estimated $5xoutstanding shares wihich is about 2.5 billion.
Their sales is about 3 billion it is fairly priced with some room for upside.
They have 2.3 bil in cash so it becomes 1.5 bil. It is still bad settlement amount but it seems they got convinced they may lose the appeal and pay the 1.2 billion.
They still have many lawsuits pending for the accounting issue.
They did overpay for this settlement. They should have let it for appeals court.
That is about $1.5 /share. I guess they did steal the technology in patent.
down from $3 per share.
I don't know what option they need to study other than making 30 year payments instead of lump sum.
The 1.4 bil was more of a BS.
Not sure about the reputation of this citi analyst..
I can only know that citi was bankrupt before they bailed them out.
Their stock was trading $50 down to 50 cents in 2009. The indian hired CEO who was supposed to save the company was fired.
doubt that Avago knew BRCM shareholder are going to accept deal before they bid. They just make an offer that is hard to resist.
Normally, the bid price is based on multiple of annual revenue/sales and not P/E.
Chips companies used to sell at 3-4 times sales.
You dont need to get bought. If they only make a bid that would give stock a boost.
What price do you think it will be? I think BRCM deserves higher multiple than mrvl though.
that explains the drop in price from 16. It seems they want to becompletely out.
i think they may beat the preannounced earning so price may get a push to 15.
QCOM went from 30 to 70 in last 5 years
MRVL is flat and did nothing
If they cant afford to pay a salary for someone here because they went for cheap labor overseas it does not mean they do not make money.