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Technology Stocks : RF Micro Devices (RFMD)
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To: David E. Taylor who wrote (424)6/6/1999 10:48:00 AM
From: HoodBuilder  Read Replies (2) of 4849
 
If you look at Barron's this weekend you'll see the amount of 144 stock that TRW disposed of. I don't have my copy right now but if I recall correctly the sold at prices ranging from $38-53. They just wanted that cash for another deal that they are doing. Their cost basis was so low it didn't matter what price they sold at.

The next wave of TRW liquidation (+/- 2MM shares registered) will undoubtedly hit this stock and create a great buying opportunity.
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