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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 52.02-0.5%Oct 20 8:10 PM EDTNews

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Jim Mullens
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To: slacker711 who wrote (138403)10/5/2017 12:00:33 PM
From: JeffreyHF5 Recommendations   of 138791
 
As recently as last month, Steve told an investment conference that they should not read anything into the stopping/restarting of the clock, multiple times, because it's not unusual, reassuring them that he expects the deal to close by the end of this year.

That having been said, unless the company comes to terms with the EU Competition Commission, concerning licensing and access to NXP's technologies, there's no way IMHO that this doesn't bleed into next year. Then, there's the premium they'll be required to pay, to get shareholder approval. Given the over-bid pricing of NXPI in the market today, I think they'll need to pay up into the $120-125 range, to close the deal. That's the price of a weakened QCOM, revved up chip multiples, and the need for Qualcomm to hedge their QTL pressures with product based diversification.
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