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Technology Stocks : RF Micro Devices (RFMD) -- Ignore unavailable to you. Want to Upgrade?

To: robert duke who wrote (918)	9/28/1999 4:38:00 PM
From: DOUG H	Read Replies (1) \| Respond to of 4849

CBS Market Watch: RF Micro sees gross margins improving RF Micro Devices' (RFMD: news, msgs) chief financial officer Dean Priddy says the company's outlook for gross margin improvement is "strong," led by increasing demand for its gallenium arsenide power amplifiers. RF Micro's gallenium arsenide wafer fabrication facilities have exceeded the company's capacity projections, Priddy added. The devices are used in a variety of wireless telecommunications products. Silicon based products will be a larger part of the company's revenue over the next several quarters, Priddy said. RF Micro plans to increase spending on research and development along with marketing on a long-term basis, Priddy said. The company hopes to boost its operating income by 18 to 22 percent, also on a long-term basis. He didn't specify how soon the increase will be realized.