RF Micro Devices (RFMD) Message Board

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Technology Stocks : RF Micro Devices (RFMD)

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To: tuck who wrote (4081)	2/21/2002 10:50:58 AM
From: chojiro	Read Replies (1) of 4849

Hi Tuck, FWIW, I don't remember putting a time frame of April for my sub $10 call, but it still might get there by then. Though it bounced nicely off of 15(I almost went long 15.2 for a trade), the sector continues to be plagued with slowing demand. As the price sinks, there will no doubt be margin selling as well as some tax related selling. I don't know how significant the tax selling might be, but I believe there are still a lot of folk out there living beyond their means waiting for the re-emergence of this reported "new bull". When that doesn't materialize, or so I believe it won't any time this year) people will continue walking to the door, than there will be a dash to the door. Then I might step in and go long.

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