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


To: David Perfette who wrote (1842)12/28/1999 10:49:00 AM
From: DOUG H  Respond to of 4849
 
Hi David, I'll give you my opinion and that is that we are in atrading range that we can't get out of for now. As the stock moves lower buyers move in. As it moves higher, traders take profits. IMHO, sooner, rather than later (to quote the Liar-in Chief), we will break out of this range to the upside in wicked fashion. The same thing happened with BRCM in the low $100's. Once we bust out, the board will be all giggles.

If we can only get robert to buy a couple 100K more shares to push us above the mid $70's <gg>
P.S. Normally I'd post a chart for illistration but my G.D. puter is such a piece of................ it takes all day.



To: David Perfette who wrote (1842)12/28/1999 12:06:00 PM
From: chip  Read Replies (1) | Respond to of 4849
 
I'm not a TA person, but judging from the chart alone, it looks to me like we could go either way (not that there's many other options).

But with the industry's (generally) and RFMD's (specifically) expansion, I'll wager we'll be moving up.

Chip



To: David Perfette who wrote (1842)12/28/1999 12:43:00 PM
From: Ibexx  Read Replies (2) | Respond to of 4849
 
Accummulation/distribution remains in the negative territory and no sign of uptrend just yet. Big $$$ prefers to stay out of this stock for the time being, it seems.

Ibexx

PS: Sold the calls, but still have the common.



To: David Perfette who wrote (1842)12/28/1999 1:17:00 PM
From: Gary Schneekloth  Read Replies (1) | Respond to of 4849
 
Here's a little novice TA. Take it as that. I am on the sidelines watching RFMD very closely. I like stocks with the chart pattern of RFMD. The stock is forming a symmetrical triangle. Stocks can break either way from these so they are somewhat risky. However, the reduced volume tells me consolidation is going on and eventually the stock will move higher. Keep an eye on the stock as its price approaches the 50 day moving average. When they meet should tell us where the stock is headed. I look for a bounce and a dramatic move higher. However, I've been burned jumping in too soon before, so I'll wait until confirmation...