Lol... Broadcom trying to buy qualcomm

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Submitted by flu on November 3, 2017 - 11:45am

If this happens you are going to have a lot of unemployed wireless engineers. I use to work for the old Broadcom that was bought by the new Broadcom. Let's just say Mr. Tan isnt really engineer friendly....

But if it does happen, AVGO will be a successful M&A company

Submitted by FlyerInHi on November 4, 2017 - 6:19pm.

why lol? You don’t think it’s will happen?

Submitted by gzz on November 5, 2017 - 2:37pm.

Seems like the plan is to move the HQ of the combined co to the USA, unclear if SD or Irvine. If here it would mean we would get the HQ of a 200 billion corporation. Does the qcom campus have room to grow or excess space already?

Perhaps we might get a non-stop to singapore as a result. The 777 can go that far. The LAX to BKK route failed after a few years, similar distance.

Submitted by exsdgal on November 5, 2017 - 11:16pm.

gzz wrote:

Perhaps we might get a non-stop to singapore as a result. The 777 can go that far. The LAX to BKK route failed after a few years, similar distance.

United started a nonstop LAX-SIN route this week, and I believe Singapore airlines has plans to add another in 2018. 18 hour flight... that may need some getting used to.

Submitted by flu on November 6, 2017 - 4:14am.

I see a very long proxy fight and poison pill adoption to prevent a hostile takeover. Let's not even talk about the anti-trust issues.

Also, of lesser concern probably to the new Qualcomm management....This sort of deal with screw just about every regular employee at Qualcomm.

Avago has a reputation of buying companies and chopping it up into pieces to boost shareholder value and than move on to another company, like a locust. The did just that to old Broadcom.

Great for shareholders. Great for old timers ready for retirement, they'll see their stock/stock option go through the roof. Terrible for younger employees that don't have a nice pile of stock/stock options. The net effect would be a net job loss for San Diego I think.

See the pattern here of the late? Everything is stacked against the newer/younger worker. Higher tax rate, less tax breaks, a lot of corporate deal making that will enrich shareholders and older "rest and vest" type employees which are just holding out for retirement anyway. The younger workers that didn't get that many RSU's/stock grants, and/or haven't fully vested, and haven't bought a house, haven't built up their retirement, haven't started a family, who were already having a difficult time saving/investing/affording a home...get the shaft.

Almost like a lot of Europe...like Spain!

Submitted by FlyerInHi on November 6, 2017 - 9:06am.

flu wrote:

Almost like a lot of Europe...like Spain!

Except Americans don’t have paid maternity, vacation, health care....
We will see many more toothless, opoid addicted, obese Americans, I’m aftraid

Submitted by spdrun on November 6, 2017 - 9:29am.

Maybe that will be the nudge needed to get Americans to support a bigger safety net and throw out the bootstrap fairy tale.

Submitted by flu on November 6, 2017 - 10:28am.

FlyerInHi wrote:
flu wrote:

Almost like a lot of Europe...like Spain!

Except Americans don’t have paid maternity, vacation, health care....
We will see many more toothless, opoid addicted, obese Americans, I’m aftraid

Lol.
All the well educated people from Spain hate the nanny system there because despite them being well educated, the can't get ahead with all the taxes. That's why they are working here in the US. To translate what they said
....socialism sucks.

Submitted by kev374 on November 6, 2017 - 10:39am.

Irvine has a way better shot than SD, more tech talent and better cost to value given it's proximity to the 2nd largest metro in the US. SD is way too expensive for what it is.

Submitted by spdrun on November 6, 2017 - 11:05am.

You have a biased sample -- those that hate the Spanish social welfare system are more likely to come to the US vs working in Spain or elsewhere in Europe.

Submitted by FlyerInHi on November 6, 2017 - 11:31am.

flu wrote:
FlyerInHi wrote:
flu wrote:

Almost like a lot of Europe...like Spain!

Except Americans don’t have paid maternity, vacation, health care....
We will see many more toothless, opoid addicted, obese Americans, I’m aftraid

Lol.
All the well educated people from Spain hate the nanny system there because despite them being well educated, the can't get ahead with all the taxes. That's why they are working here in the US. To translate what they said
....socialism sucks.

Flu... you were talking about a pattern in the US where benefits accrue to global corporations. Low to average education Americans will be screwed because we lack a social safety net. Not so in Europe or Canada.

In the future, high education Americans can become world citizens and seek opportunities whereever, just like your Spanish colleagues. Plenty of Brits work in Dubai of Indians work in USA.

I don’t have any sympathies for deplorables because they are getting what they voted for.

Submitted by flu on November 6, 2017 - 1:31pm.

spdrun wrote:
You have a biased sample -- those that hate the Spanish social welfare system are more likely to come to the US vs working in Spain or elsewhere in Europe.

Yes because the folks I work with are motivated and don't want to sit on their ass all day, and want to keep more of they earn...i dont blame them. Not that all socialism is bad....to a point....

I mean we have a more of it going on here...a lot of you folks, once you lose the state tax deduction, and capped on mortgage interest deduction, will end up paying higher taxes.....to subsidize all those Trump voters in red states with limited education, limited skills, who probably don't like anyone who isn't white, don't like regulation, don't value education ( because that's a liberal thing), just so they can continue to live their lives they way they want with very little effort....to make things more "equal"...

Submitted by spdrun on November 6, 2017 - 1:40pm.

Do you really think those Trump voters will be subsidized, or is this just a con job to help people at the top of connected defense contractors in red states?

Also, define motivation ... not everyone is motivated to kill themselves for 60-70 hours a week at the expense of family and social life. The US (and some Asian countries) has managed to turn this into a virtue.

Basically, I have no motivation beyond enough money to maintain a home, take my family on a trip a month a year, own a used car, eat, and buy health insurance. Any additional income gains will hopefully be realized in more free time. Time is the real currency.

Submitted by flu on November 6, 2017 - 1:43pm.

spdrun wrote:
Do you really think those Trump voters will be subsidized, or is this just a con job to help people at the top of connected defense contractors in red states?

Also, define motivation ... not everyone is motivated to kill themselves for 60-70 hours a week at the expense of family and social life. The US (and some Asian countries) has managed to turn this into a virtue.

Basically, I have no motivation beyond enough money to maintain a home, take my family on a trip a month a year, own a used car, eat, and buy health insurance. Any additional income gains will hopefully be realized in more free time. Time is the real currency.

And how many green jobs were created?

Time is currency. Plenty of people manage very time well and still do very well on the money side. I don't understand why you think the two are mutually exclusive. The only thing that I find sometimes when I have too much time, is I get lazy and waste time. Usually when I start posting here again. Lol.

Submitted by spdrun on November 6, 2017 - 1:50pm.

Because people in tech are expected to work 70-80 hours a week with a weeks vacay per year and like it.

Submitted by FlyerInHi on November 6, 2017 - 2:21pm.

Flu, you sound inconsistent. After everything you said, why do you say the merger is bad for engineers? Just let capital work and we will all be richer.

BTW, the average Singaporean has health care and owns a home more valuable than the average American’s. The Singaporean has better education and is more likely to participate in the 21st century economy.

The deplorables are not subsidized. They are becoming toothless opioid addicts. They will become depressed and start shooting themselves up more frequently. Oh well, such is life.

Submitted by FlyerInHi on November 6, 2017 - 2:40pm.

spdrun wrote:

Also, define motivation ... not everyone is motivated to kill themselves for 60-70 hours a week at the expense of family and social life. The US (and some Asian countries) has managed to turn this into a virtue.

The US started it and the Asians have learned and are now doing it better.

Funny but the deplorables are not that smart to compete in tech innovation. They are best at building infrastructure such as oil rigs, airports, dams, solar farm, high speed trains, etc... But they don’t support any of it except fossil fuels and military related. I predict that one day, China Rail will have a contract and will layout the capital to build a line here in the USA. Ultimate humiliation.

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