Michael Ching Quotes
We believe that even with the stock opening down significantly, the stock will probably be overvalued.
Tweet
Stock | Opening | Significantly | Overvalued |
comments powered by Disqus
There was nothing wrong with the process.
- Michael Ching
Chipset sales declined 26 percent to $269 million, and operating margins dropped to 24 percent from 39 percent. Qualcomm shipped only 11 million chipsets in the quarter, down from 15 million in the preceding quarter and 13.5 million a year ago. This disappointing performance partially reflected continued weak demand in Korea.
- Michael Ching
