RF Monolithics (RFMI) Message Board

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Technology Stocks : RF Monolithics (RFMI)

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To: Ed S who wrote (301)	3/18/1998 7:54:00 PM
From: Mohan Marette	Read Replies (2) of 369

Yipeeeeee.. WOW ! Ed,Wang and all: I broke down and took a position in RFMI yesterday and added to my position this morning, need to say I am a happy man.<<ggg>>> Since I heard Q2 is historically a slow month for the company and having heard nothing from the company by way of any earnings warning I figured they would the very least meet the consensus estimate. Boy am I pleasantly surprised when I saw the earnings this evening,a sequential growth of 54% in earnings and 24% increase in sales,not bad,not bad at all. My back of the envelope calculation tells the stock is worth somewhere in the range of $23-25 right now and hopefully we will get their soon,perhaps tomorrow seems like a good day for the stock to start the climb by adding a point or two,no?? I wonder if anybody listened to the conference call,I might later on. Thanks guys and good investing to y'all. Oh,here is the link to the earnings release in case you haven't seen it yet. biz.yahoo.com

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