RF Micro Devices (RFMD) Message Board

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Technology Stocks : RF Micro Devices (RFMD)

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To: phileasfogg who wrote (2073)	1/20/2000 12:14:00 PM
From: JYatsu	Read Replies (3) of 4849

I note that Us Banc/Piper has downgraded RFMD to Buy from strong buy with the usual verbage of "based on valuation". Their price target is now $98. This is in contradistinction of other houses predicting $120 price target. This downgrade doesn't make sense to me given the new fab coming on line and Q/Q growth. Anyone have some hypothesis? Thanks JSY

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