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Technology Stocks : Triquint Semiconductor (TQNT)
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To: MIchael Sharkey who wrote (213)8/25/1997 5:13:00 PM
From: Clam Clam   of 995
 
I'm hearing Triquint is achieving better yields on their prototype wafers in their new facility than they are getting in their old fab. This is encouraging. Triquint is trading at a dramatic discount to both ANAD and RFMD on a P/E basis. I think this looks like a pretty good trading opportunity as TQNT has a diversified customer base and is targeting similar high growth end markets as ANAD & RFMD. If their book: bill can get back above 1.00 (it was just under 1.00 last quarter), this stock could have a nice move back to new highs. I'm accumulating this one here in the mid-$30's.
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