Current CFO and CEO are responsible for dismal performance that took the stock back to levels of 12 years ago. That is professionally embarrassing for them.
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It can not 'embarrass them professionally', because, there is NOTHING professional about any member of the 'executive' committee, aka, the clown car.
It's really sad to see how badly Qualcomm has sunk once the boy, Paul, then the flunky, SM took over.
I think the CFO got hired 4 years ago March quarter.
Right around 4 years ago it just hit $80. SM was new to his job and since then has got his initiatives underway.............
Even at annual 6% return it should have doubled in 12 years based on rule of 70.
Amazon stock price in April, 2006 was $36. If I converted 50k in Q stocks to AMZN, I'd be at 2M+.
Execs get stock grants from the board with a $-0- strike price so they don't care as much as everyone else that gets stock grants at $60+ per share.
Why ? Cheap stock buy backs.
At this point I feel that this is intentional but why?