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Vahan Janjigian, CFA

 
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  • RF Micro Devices Up On iPhone Sales [View article]
    All in all, I thought the financial results were good and the call went well. Given the big run up in the stock recently, the profit taking does not surprise me. I would consider any further weakness a buying opportunity.
    Oct 23 10:41 PM | Likes Like |Link to Comment
  • RF Micro Devices Up On iPhone Sales [View article]
    Sorry for the confusion. Although iFixit conducted the actual teardown, the increased RFMD content, including an antenna switch, was determined by Canaccord Genuity: http://on.wsj.com/15qnxL9
    Sep 24 03:21 PM | Likes Like |Link to Comment
  • RF Micro Devices Up On iPhone Sales [View article]
    Sorry for the oversight. As per the June 10-Q, the number of shares that would be issued upon conversion is 8.4 million. Relative to the 281 million outstanding, that doesn't sound like much. Yet if the stock price exceeds the conversion price, in effect, the company would be transferring wealth from existing shareholders to the converting shareholders. But that's the nature of convertible debt. It's basically the same thing as issuing straight debt with a call option attached.
    Sep 24 03:10 PM | Likes Like |Link to Comment
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