RF Micro Devices (RFMD) Message Board

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Technology Stocks : RF Micro Devices (RFMD)

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To: Thomas F. Ramero who started this subject	10/17/2000 4:46:17 PM
From: Jack Hartmann	of 4849

From the PR RF Micro Devices experienced lower than expected order activity in the September quarter, which it anticipates will negatively impact revenues in the December quarter. This level of order activity is believed to be largely the result of three factors. First, as has been announced by some of the largest handset manufacturers, an overly optimistic forecast earlier in the year for the growth of the market has led to excess inventories of handsets. This has reduced component demand while these inventories are being reduced. Second, introduction delays for some next-generation, highly complex handsets have also delayed component demand. And third, the Company experienced a delay in the introduction of a next-generation product that it believes will begin shipping in high volume in the March 2001 quarter. As a result of these factors, the Company currently expects revenues for the December quarter to be down sequentially approximately twenty percent, which would result in diluted earnings per share in the range of approximately $0.04 to $0.05. briefing.newsalert.com *************** No sugar coating next quarter. Jack

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