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Thursday, April 23, 2009

So QCOM and BRCM are settling?

Yesterday QCOM delayed their earnings statement , the reason they said was that they are in talk with BRCM to settle a dispute.
Now the news can be anything but I feel that this is a win for BRCM, see QCOM is settling not BRCM, so to me it looks like that they might be paying BRCM .
This is just some assumption from me but check it out and see how it looks.
Both QCOM and BRCM were up but both went down and are kinda flat now.
I did get some BRCM out of money ( otm ) calls , just a few.
Hope it works out and BRCM runs up a bit more.

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