paul jacobs is seeking bio funding with shares trading higher in the premarket. .oining us is dan morgan he joins us from atlanta and brooke sullivanis. how serious is this venture? is this likely to go forward? dan: i think of michael dell in the pc industry. he took his company private because he was frustrated with the way that things were going. it would be interesting for qualcomm. sideways ass gone the semi conductor industry has done well from a performance perspective. you talk about issues with apple in terms of royalty fees. they had problems with china. all of a sudden they disbanded .his merger with qualcomm they have not been doing as well as micron technology in terms of performance. maybe this is how they feel they can create lun their company i taking a private -- create value in their company by taking it private, because they have not been performing in the last couple of years. david: do they have a plan b? dan: in terms of plan b, the thing for qualcomm going forward will be this annexation. cdmaomm is a leader in technology, technology that is used in the wireless industry to compete against analog. forward,isi