RF Micro Devices (RFMD) Message Board

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Technology Stocks : RF Micro Devices (RFMD)

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To: Magnifique who wrote (259)	3/27/1999 11:34:00 AM
From: robert duke	Read Replies (1) of 4849

I was in at 77.50 and then at 81.50. I think earnings will come out at something like .45 or .22-.23 post split. Which would be perfect. Ok lets figure some numbers. april .22-.23 july .27 oct .31 jan .35 Total earnings for the year would be about 1.15 over the next 12 months. And I think this is a minimium amount they could earn something like 1.40. So 1.15-1.40 with earnings of 1.15 pe 150-200 the stock price would be $172 to 230 minimium. earnings of 1.40 pe 150-200 the stock price would be $210 to 280. This is post split. I think this stock will give us maybe or at least one more split and then back to 130 range by the end of the year. We shall see. RFMD chart looks like a sell off for about another week and then I think mm will jump back into the stock big time before earnings come out.

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