[quote=Hatfield][quote=flu]Paul Jacobs is trying to form a group to buy Qualcomm. Up 5% after hours. like I said, something was going to happen.[/quote]
Won’t happen. He has neither the equity, nor the cash, nor the respect of investors or the board to pull it off. I think this is the part where he sails off into the sunset like his brother. Stock is down like 10% since you posted this.
Can’t decide whether I want to get up early and head over to Morehouse to watch the fireworks. My best guess is that Steve is out and Sanjay is in. That’s based on 100% pure speculation, and the weird timing of Sanjay’s sudden stepping down from Global Foundries last week.[/quote]
I am waiting for the big rumored layoff…I never expected the entire going private thing would actually work (well not until Qualcomm market cap is really in the toilet)….I just wanted the 4-5% pop that happened right after it was announced…..I think I will buy right back in tomorrow. futures showing negative and thinking a reorg is imminent if they need to save $1billion
