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Technology Stocks : RF Micro Devices (RFMD)

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To: dennis michael patterson who wrote (925)9/30/1999 9:35:00 PM
From: robert duke  Read Replies (2) of 4849
 
Well I think after this next run up the stock will move to the mid 60 range. Any idea as to when earnings come out next. I think it will be better than estimate. Next year this is what I think will occur. The stock will be at 65-70 by the end of this year.
65 by end of 99
we will get a 2-1 in feb or mar.
he stock will climb back to the 65-70 range in late summer
we will get another 2-1 stock split
the stock will again move back to the 60 range before the end of te year. So lets say a small guy like us has even 50 shares even though I have more.
50 shares
2-1
100 shares plus buy 50 more= 150
2-1 late 2000
300 shares
buy 50 more after split= 350 shares
2-1 in 2001= 700 shares x 50 a share. That would be $35,000 dollars in two years.
I think we may have a stock that could split two times a year for the next three years. This would give the stock a cap as big as cisco or sunw, or aol or in the 200 billion range. Which if this company keeps getting big is not impossible.
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