Thread regarding Qualcomm Inc. layoffs

Stock direction ?

Holding at $55 despite ZTE news.

I assume a big layoff announcement will boost the stock. Assuming layoff is big enough to easier save a bill or so. Maybe a buying opportunity right now ahead of 4/20.

And APPL is a big 'waiting to happen' boost, I mean the board commited to "$25-$45 share price from licensing resolution". surely they carefuly figured that number and its not just 'pulled from the sky'? Right.

We could see $100 soon !!

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Post ID: @OP+SJIrtKX

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Layoff won't boost stocks, it's not 1990 anymore.

If anything, if the layoff looks too small to meet the $1Billion cost reduction figure already baked in, stocks may drop more.

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Post ID: @1tup+SJIrtKX

Losing ZTE will cost QCOM about $0.5B sales per year. Pretty sure no growth number next year.

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Post ID: @cgk+SJIrtKX

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