How does it feel working for a software company that not only fires 60 percent of the company, and k--ls any new software development, but is in bed with a country trying to steal IP from the US?
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Ouch - Cramer thinks Trump “Sacrificed Broadcom at the altar of Huawei”. If you your bed sheets are wet - don’t worry it’s just egg drop soup.
Broadcom was blocked from acquiring Qualcomm due to national security fears. Specifically fears that they would k--l US 5G technology development or give it to China.
Broadcom’s top partner is Huawei, a company known for IP theft. Broadcom gets nearly half their sales from China. Broadcom acquires companies for their IP and files lawsuits to protect that IP in countries that actually. You think they protect that IP from China?? Stock goes down 25 percent once the tariffs were raised - and whose side do you think Broadcom is on?
K--ls any new software development? That is what the old regime was doing, Broadcom is hiring in the mainframe space. Attitudes are upbeat. We are getting the chance to do what we couldn't do when Bike Boy was fracking the mainframe staff to try to trying to show profit margin growth in mainframe. Our new leadership is more interested in making actual money instead of showing charts to stockholders.
We will stand with President Trump in the trade war and benefit from not having our IP appropriated. The economy has improved so much in the last two years that it gives us room to stick out the trade war and the fact that Broadcom is so much better managed than CA was, we still feel an improvement.
China has a trade war with the US for decades but US finally has a leader with actual balls. Fck China. Those crooks will bow to the US and kiss their feet if they know what's good for them.
Silly American. No one cares for your Donald Trump or for your trade war.
There is no indication that Broadcom is 'in bed' with what you so blindly declare 'the right side'. How's the breadline?
*checks size of paycheck *
Meh...BCom cut ties with Huawei, same as Google, Qualcomm, etc. Hock's a Trumper. He knows which side his bread is buttered on