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Technology Stocks : Sequans Communications

SQNS 7.340

-3.5%

Oct 31 9:30 AM EST

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JCnieuwenj

To: FJB who wrote (1125)	10/3/2017 10:59:34 PM
From: FJB	1 Recommendation of 2386

RE:We had initial shipments of Cat M1 chips in Q3, although we thought Cat M1 would not begin ramping before Q4 at the earliest. Regarding the broadband portion of the business, we expect no fundamental change in the dynamics of this portion of the business, despite Q3 softness and our near-term caution. How can you say you don't expect a fundamental change in dynamics when you were $5 million in revenue short? That is a fundamental change right there. I've said Georges was shady before, but damn. I ridiculed all the class action firms too soon.

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