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Technology Stocks : John, Mike & Tom's Wild World of Stocks -- Ignore unavailable to you. Want to Upgrade?

To: wlheatmoon who wrote (64)	12/2/1999 3:12:00 PM
From: John Pitera	Read Replies (1) \| Respond to of 2850

RFMD--- Network Components--- Huge volume, down 7-- it's down from the mid 80's. I have not seen the news on it. the forward PE is 88.7 which is expensive, but the 1 year earnings growth rate is 1500% and the 3 year EPS growth is 140.0 I was thinking about buying a little here at 61-62 and a bit more at it's 50 dma (56.50) and at it's horizontal support area of 55-57. Tom is commenting that it's broken down on a P&F basis,lower tops and lower bottoms so he is cautious. until 55ish. I definitely would buy RFMD if it went to it's 200 dma at 40. JOhn