SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : RF Micro Devices (RFMD)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Cisco who wrote (4192)1/7/2003 9:35:21 AM
From: mahler_one  Read Replies (1) of 4849
 
Hi Cisco:

RFMD currently speaking at the Needham conference. See below....what in heaven's name is going on with Credit Suisse? They wouldn't have tried to shake out a few shares would they? Naww...companies never do that dishonest thing, especially when they can always use the, "well, in our opinion" approach...one of the analysts is going to be very wrong. One of my learned friends posits that Credit Suisse will cover their "tales" ( sic ) by saying that they only believe that the orders are front loaded, and that the growth cannot continue at the same pace. Wonder who will be correct.

We Believe There Is Upside To Our Estimates On RF Micro Devices - CE
Unterberg Comments [RFMD]

Following a company visit in late December and subsequent channel checks, CE
Unterberg believes that the business at RF Micro Devices, Inc. (RFMD) is
progressing better than its expectations. Further, the brokerage believes
there is upside to its and street consensus estimates for both December and
March quarters.

Encouraged, CE Unterberg raised its short-term rating on RFMD shares to Buy
from Market perform and set a price target of $11.

Analyst Kalpesh Kapadia noted that RFMD gradually reduced its reliance on
its largest customer Nokia while growing its Nokia market share. The analyst
said such market share gains and customer diversification provides near term
upside.

Accordingly, CE Unterberg raised its December quarter EPS estimate to $0.07
on revenues of $140 Million from $0.05 on $132 Million. The brokerage's
March quarter estimate goes to $0.03 on revenues of $128 Million from $0.03
on $120 Million. As a result, fiscal 2003 estimate goes to $0.15 on revenues
of $491.6 Million from $0.13 on $475.6 Million.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News