VMan, engineer, mq, clark and all,
after reading through 8000 posts here and on the other thread, I can only conclude that no one knows what they are talking about. Some may have a more educated opinion, others are pure hotaire.
The deal with Kyocera is complicated enough just on what was reported yesterday. None of us what NOK, MOT or the "more than a handful" offers, per Dr. J, were about?
In the old days, we second guessed management decisions and used to laugh at the way Dr. J and Harvey White mumble through press conferences and TV appearances. Today, QC management had chalked up a series of pretty sound decisions, including the sale of the handset division.
I have to go with management and trust them on this decision to sell to Kyocera. They had plenty of time and plenty of offers to choose from. There is no reason for me not to believe this is the best overall deal available.
As an example, the staff arrangement most innovative. My guess is that it is the stone that killed two birds. The affected employees should not be as unhappy as those in the ERICY deal. At the same time, QC seems to have maintained control of very valuable employees indefinitely. I really don't know but I suspect that Nok, MOT, ERICY types would not go for this type of arrangement.
As for ASICs, Nokia is not going to abandon their own chipsets for QC's. So they will never be a good partner regardless of what type of ASICs deal they could have made here. In the telecomm arena, Nokia is going to be a competitor in the next few years. Same holds true for MOT to a lessor extent.
I remember Chris qdog saying that these forums sometimes cloud his judgement. I have to say in this case, he is right. The more I think about it, the consensus choice of Nokia and MOT made very little sense to me but I kind of went along with that expectation. Now that the news is out, I don't see any arguements that would convince me Nokia would be a better buyer.
Better stop here before I sound like mq.
Just a final word of thanks to all who help this thread stay somewhat focused on QC.
Ramsey |
