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


To: MasonS who wrote (943)10/5/1999 7:35:00 PM
From: Immi  Respond to of 4849
 
This was news long time ago. TRW had said it will
lower its stake in RFMD. This was expected. They just
made it official that it is done.



To: MasonS who wrote (943)10/5/1999 8:25:00 PM
From: Retire@40  Read Replies (2) | Respond to of 4849
 
TRW... major shareholder stated back in late April that they were reducing their stake in RFMD...if you will note this created a sell-off in that timeperiod. They clarified at the time that it had nothing to do with RFMD's fundamental outlook. Had more to do with TRW's business arrangements. Once the money managers got over the initial scare RFMD continued to soar. As the previous poster stated...this is OLD NEWS...shouldnt' be looked upon in a negative way at all. RFMD will continue to do well for the next 3-4 years. By the way, bought more RFMD last Friday at 44 3/4. This stock is awesomely strong.
Emac