RF Micro Devices (RFMD) Message Board

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Technology Stocks : RF Micro Devices (RFMD)

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To: robert duke who wrote (1313)	11/14/1999 1:49:00 AM
From: neverenough	Read Replies (2) of 4849

I get the feeling that you feel RFMD is over valued at current prices, you may be right. That does not mean it will not go higher. IMO, RFMD deserves a market cap of 10B, the demand for their products is huge. For the six months ended 9/25/99, total revenues totaled $131M, up from $54.9M. Net income totaled $22.9M, up from $4M. Take it for what it's worth, but once the momentum starts it can continue for quite some time, and I don't see it slowing down any time soon. For some reason the link comparing QCOM and RFMD didn't work on my last post, here it is again, amazing! siliconinvestor.com Not trying to crash the collective, just stating my opinion. <gg> Bong

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