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Technology Stocks : RF Micro Devices (RFMD)

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To: robert duke who wrote (226)3/18/1999 10:50:00 PM
From: Bajasurfer  Read Replies (1) of 4849
 
Analysts keep raising estimates for this quarter. Please remember that year end 99 is this quarter for RFMD. They should rock.
How many have realized that this company is just trading at a 44 times this years estimates at a stock price of 100.....FY2000?

How many of you also realize realize that an analyst says they can ship 500 MILLION FROM THE CURRENT RESOURCES WITHOUT EXPANDING....

What about the FACT THAT THEY ARE PLANNING A NEW FACTORY TO STILL INCREASE SALES....

This is just the beginning. It should easily hit 100 after the split at the end of 1999.

Robert
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