RF Micro Devices (RFMD) Message Board

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Technology Stocks : RF Micro Devices (RFMD)

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To: Out_of_the_Trap who wrote (347)	4/23/1999 1:34:00 AM
From: pete	Read Replies (1) of 4849

There is no link for the story.....I just heard it from a distributor. I talked to an apps engineer at the company who won the contract (since I design with other parts that they manufacture) he wasn't in the wireless group, but he said he had heard something to this extent. If what I heard was is true, the new contract could be announced in May/June timeframe. If they are winning other contracts from MOT & ERICY maybe it could balance off, but if not.... they could really get hammered. Like you said they do around 40% of their sales are to Nokia. Just watch the daily graphs and insider selling. If you see a lot of selling, cover your position. The sell off at the end of the day didn't set too well with me. I can't really mention anymore...... All I can say is use your best judgement and Good Luck!!

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