RF Micro Devices (RFMD) Message Board

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Technology Stocks : RF Micro Devices (RFMD)

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To: dennis michael patterson who wrote (3663)	10/18/2000 12:34:20 PM
From: Retire@40	Read Replies (1) of 4849

Congrats Dennis on your cautious stance the last 3 months or so...I also have been mostly trading some names that have made excellent position trades like EMLX, EXTR, NTRO, and ELNT. With overall tech fundamentals beginning to show what everyone has feared, it makes me wonder how fast do we really need to try to call a bottom on the Nasdaq...looks like plenty of upside will be left over when bottom has been evidently witnessed. Until Greenspan begins to reinvigorate the economy with some rate cuts, I am staying cautious and just playing these wild swings...bought EXTR and QLGC near the open and have already sold them for nice profits today...currently back to cash and waiting for the next trading op. Emac PS I am accumulating some long term shares at these price levels in a few tech name and financials. Will wait for RFMD to adjust to this new price range and look to reenter sometime in the 4th quarter. Maybe? <G>

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