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Technology Stocks : RF Micro Devices (RFMD)

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To: luther yow who wrote (4052)1/9/2002 6:03:02 PM
From: The Ox  Read Replies (1) of 4849
 
Entire Wireless sector downgraded by major brokerages. Warnings from Verizon and others have spooked investors. Expectations for lower than predicted demand in handsets and new customers have put a cloud on stocks in the sector. We will have to wait until earnings are released before we get a better read on the sector. Right now, the lemmings are in charge and they are shouting "jump off the cliff", if you own a company with any ties to the wireless sector. They'll probably change their tune to the exact opposite in 2 or 3 weeks, at least that's my guess.
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