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

To: John Pitera who wrote (80)	12/2/1999 3:40:00 PM
From: wlheatmoon	Read Replies (1) \| Respond to of 2850

Trading Places...loved the movie,,,was just on this weekend. in CHTR as well...of course,,,I didn't buy in SIZE...-g- just nibbling...

To: John Pitera who wrote (80)	12/2/1999 4:27:00 PM
From: wlheatmoon	Read Replies (1) \| Respond to of 2850

RESEARCH UPDATE 03:32pm EST 2-Dec-99 CS First Boston (Hindelong, Jake (212) 325-6159) ZOOX RFM Thursday, December 2, 1999 www.csfbtech.com RESEARCH UPDATE RF Micro Devices (RFMD-$69.31-Strong Buy-Cap $6B) Charlie Glavin, 415-836-7715 RFMD reloading for another great run. Raising price target to $85. FY00E: $0.61; FY01E: $0.88; CY01E (Introduction): $1.12 * RFMD gave a very upbeat presentation on Thursday at the CSFB Technology Conference. RFMD stressed the leverage of its new fab which will quadruple capacity ($2B in annual revenue for a $250 million investment) and the addition of new HBT-3G/ wireline technologies. * The recently announced technology with TRW allows RFMD to engage in more broadband market, including new cable modem and tuners. This broadens RFMD addressable customer list to potentially include the likes of Intel, Cisco, 3Com, and Nortel. * New handset designs at Motorola, and the addition of Qualcomm as a handset/chipset customer, appear on track for high volume shipments in the June 2000 quarter. Ericsson should also ramp then. * Based on very strong product development and the ramp of RFMD's second fab, we are even more encouraged by the 2-3 year prospects for RFMD. Despite some near-term timing issues, we maintain our Strong Buy rating and are increasing our 12-month price target to $85. * Thanks to a higher than expected share count and timing of Korean orders, RFMD is on track to report $0.16 for this quarter (versus our former aggressive $0.17 estimate). Accordingly, we have adjusted our EPS for FY00 to $0.88 and introduce a new CY2001 estimate of $1.12.