RF Micro Devices (RFMD) Message Board

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Technology Stocks : RF Micro Devices (RFMD)

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To: Carl van Rooyen who wrote (2306)	2/29/2000 10:21:00 PM
From: dennis michael patterson	of 4849

Carl, I actually thought the reaction to the Q deal was a bit loony. I noticed the one firm that posted estimates did not raise their estimate for the next fiscal year. But so what: this whole market is loony! Why shouldn't we be a little loony? I remember qcom at 200 and recent swings (like today) in PMCS-- equally loony. I see now reason why a 120 handle won't be coming up here soon. Lower than that? Hard to say. If you do a fib retracement, you get a variety of levels, of course. Things cooled pretty well today. I almost went short, but it felt wrong.

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