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Technology Stocks : RF Micro Devices (RFMD)

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To: Sun Tzu who wrote (3613)10/15/2000 11:15:29 AM
From: robert duke  Read Replies (1) of 4849
 
I agree. I wonder how many companies are going to hit and or miss the numbers. We have been seeing a lot of the bigger companies and the iternets warn or miss earnings. I don't think rfmd, avnx jdsu or the future baby techs will miss. I think rfmd will come in a penny ahead or right on target. This earning will bring the pe ratio down to earth a little bit more or closer to the ground.
Earnings should be .10.
So if you add that with the last 3 quarter earnings for the last 12 months are at about .36 a share. This would give the stock a pe ratio of 75. If the stock drops under 20 bucks and earnings come out in line then the pe will drop to 50 over the next 4-5 months and this stock will be a huge buy.
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