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Technology Stocks : Triquint Semiconductor (TQNT)

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To: Rex Dwyer who wrote (296)10/3/1997 3:02:00 AM
From: GarryP   of 995
 
Rex ,

Montgomery just raised TQNT to a buy , in my opinion TQNT is a market favourite and it will continue to be strong despite the data . The "correction" was a result of very poor handling of the news by TQNT plus less than promising results , but TQNT will rise .

Their future and present markets will continue to grow rapidly - there is currently no clear alternative to GaAs for telecom .I say buy now!I can understand that some of the projects may not have yet materialised but look at the potential - in mobile telecom there is still enormous growth ahead - I have only seen Nokia with web capability on the mobile handset but I know all the other players are releasing similar handsets .

I expect to see TQNT at 35 within 10 days .

GarryP
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