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Friday, September 12, 2014 10:58:08 PM
http://finance.yahoo.com/news/broadcoms-push-internet-things-winner-103000596.html
From Article:
"This means that $650 million will be available to grow shareholder value, whether via share buybacks or dividends. Broadcom will have enough capital to consider potential acquisitions. With the stock trading at just 12 times 2015 estimates, which is less than half the industry average P/E, according to Yahoo! Finance, there's also minimal risk."
Could Broadcom actually be looking to buy a wireless patent company that deals with M2M.
I always thought Intel would buy out Interdigital Communications, Inc.
It would be a perfect fit.
Note:
Could a few others besides myself guessed wrong?
Speculation on my part.
Recent IDCC News
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