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Technology Stocks : RF Micro Devices (RFMD)

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To: chojiro who wrote (4032)11/7/2001 7:37:44 PM
From: Tom Pulley  Read Replies (1) of 4849
 
Chojiro, still looks weak to me as compared to what I would expect of it during a Nasdaq rally. I'll stand by my previous comment that there isn't much too hold this stock up once the Nasdaq runs out of steam. And it seem unlikely to me that this Nasdaq rally will go much further. So, I'll buy at 14, at 11.5, and 10 if it comes down to see me.

If I can buy at those prices, it might perform well for a couple years. Even at $10, the PE will be quite high.

Tom
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