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Technology Stocks : RF Micro Devices (RFMD)

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To: dennis michael patterson who wrote (2192)2/20/2000 3:50:00 PM
From: Retire@40  Read Replies (1) of 4849
 
<MMs would gap up RFMD and run it a little>...exactly...I sold at the open three days last week and bought back after weakness hit the stock or near the closing bell...Agree that TRW is selling their shares, hence the weakness after any sign of strength...they should be about through by now...I will be glad when they completely empty out their position(which looks like they will eventually do).
I think RFMD would have broke out higher Friday but a wire release hit about 11:00 am EST about insider selling and that finished it for the day. Two of my other holdings, QLGC and EMLX, both hit new closing highs on Friday despite the weakness in the Nasdaq. RF would have if not for the insider selling IMO. Hope after the 3-day weekend the players will be back with their tech shopping list! Keeping my powder dry just in case. :o)
Emac
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