InvenSense (INVN) Message Board

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Technology Stocks : InvenSense (INVN)

INVN 21.04

+1.8%

Nov 5 4:00 PM EST

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To: brokenst0nes who wrote (81)	12/20/2012 7:26:29 PM
From: GPS Info	Read Replies (1) of 351

Board deciding to go for a new CEO has in the short term hit the stock price hard Wow! It looks like they have cleaned house and put Nasiri on the board (and out of the way?). They now have a former Qualcomm executive at the helm. Wild speculation: Qualcomm Ventures were an original investor, and now they want better coordination with GNSS (GPS + GLONASS) development efforts. I missed the in-door position they had, but this didn't necessarily mean that there was any significant effort involved. InvenSense have become much larger than I remembered. They really need a good management team to handle the rapid growth of employees. It might be that Qualcomm will help enable the OEM contract that you suggest is needed. (more speculation) I will need to monitor things a little more closely...

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