Southern California Fires

Tuesday, October 23, 2007

I want to dedicate some space to the numerous lives that have been disturbed by the spate of wildfires in the Southern California area. Many people have been displaced and evacuated and a lot of them have lost their homes and offices.

Companies have shut their offices and many risk losing data, the product of hours of hard work. The wireless wars took the back-seat for a while as mother nature united the very engineers behind the success of each of these firms. Today it does not matter if you are an investor in QCOM or a staunch BRCM follower. The whole community has come together to help each other in distress. I know friends from BRCM being helped by others in QCOM. I know people who cannot worry about BRCM's earnings fall this quarter or about QCOM's impending call. As an analyst, there are various factors that I research, but nature's fury can hardly be accounted for. My heart goes out for all the people there who have made the wireless industry what it is today. Ironically, I am unable to reach most of my friends through my cell-phone because seemingly, all these networks are jammed.

I hope the fires subside soon. Please join me as I pray for as quick a return to normalcy as possible.


Posted by Vijay Nagarajan at 7:11 PM  

1 comments:

Hi ViJay- Re: So Cal Fires, and “The wireless wars took the back-seat for a while as mother nature united the very engineers behind the success of each of these firms.”

Thanks for your kind thoughts, but unfortunately as regards BRCM’s CEO Mr. McGregor, that was not the case. Mr. McGregor during BRCM Oct 23 (during the heat of those fires in San Diego county as Qualcomm began closing its plant) “earnings“ CC devoted the last several minutes of his prepared remarks in the QCOM attack mode. Again unfortunately, Mr. McGregor paints a very distorted picture of the real world and conveniently omits truths and facts that would upend his case.

http://seekingalpha.com/article/51038-broadcom-q3-2007-earnings-call-transcript

Jim Mullen said...
October 25, 2007 at 8:09 PM  

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