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Technology Stocks : RF Micro Devices (RFMD)
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To: StockHawk who wrote (1271)11/11/1999 3:35:00 PM
From: robert duke  Read Replies (2) of 4849
 
WEll lets try and keep it that way for rfmd. When the stock hit a double bottom around 40 I new the stock was ready to run. Last time it hit a double bottom the stock was up almost 45%. So if we figure 40-42 range then 45% is 18-20 dollars. So when the stock hit 63 or around that number I started to wonder what was going on. I think rfmd is getting over valued. Unless earnings are going to be great and it is leaking out. This stock will make you a millionaire if you hold it for the next 5 years. I always buy more when it touches the 100dma. I actually hope we get a 50% correction in this stock from the y2k so I can buy more.
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