[Stock tips]
<<< I know much further back you mentioned Fluke as one worth watching and it's gained about 15 points since then: no fluke at all.>>
Wasn't it Elaine Garzarelli who said she didn't follow her own advice? Guess I'm in good company. I didnt' buy Fluke, but glad you did. I actually heard the CEO speak a little over a year ago and liked the company then.
The one I'm watching now --- and may just buy in without a pullback --- is RFMD. I did well on TQNT and this is another GaS-related company, just IPOed, and hasn't taken a breather since. A fax from my DW broker says: "H&Q started RF Micro Devices with a buy rating. In a research note, H&Q said the company is well positioned to take advantage of high-growth wireless communications markets, adding that its customer base includes leaders in the telecommunicatios market. The brokerage firm estimates net income of 44 cents a share in fiscal 1998 ending in March. Hambrecht & Quist was an underwriter for RF Micro Devices' initial offering at 3.037 million common shares priced at $12 each June 3."
Company description:
"Develops and markets radio frequency integrated circuits for wireless telecom applications. . . products include amplifiers, mixers and modulators/demodulators, have been designed into equipment made by such OEMs as Qualcomm, Nokia, Hyundai, Samsung, Motorola, and LG. . . All manufacture of co's chips done by TRW Inc., FY 97 (Mar) rose sizably to profit on tripled revenues. . . TRW owns some 30%, RFMD officers and directors 16%."
I'll check if there's a thread started and continue any discussion there.
I have no holding as yet. The darn thing won't pull back. :/
Cheers!
Pat |
