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Technology Stocks : RF Micro Devices (RFMD)

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To: pete who wrote (346)4/23/1999 12:55:00 AM
From: Out_of_the_Trap  Read Replies (2) of 4849
 
Is that rumor, or do you know that as a fact? Nokia is about 42% of their sales. investor.msn.com

The word I have is they not only have strong on going buiness with Nokia, they have booked contracts with MOT and Ericsson as well. News not yet accounced. I see RFMD @ $70+ by months end.

They're building, in NC, additional 100K+ sq ft mfrg building now as well as in Silicon Valley, CA. All with cash. NO LONG TERM debt. They're in a great position to maintain current growth for the next 24 mths or better.

Please provide a link or a source to your story?

Thanks in advance.

OT
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