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


To: robert duke who wrote (1962)1/12/2000 2:20:00 PM
From: phileasfogg  Read Replies (1) | Respond to of 4849
 
Robert,

Your call on RFMD surprised me somewhat. As stated by others before, I thought of you as a long term investor in RFMD. I know the market volatility can lure investors into day trading, yet despite a high PE RFMD offers great value at this point, particularly vis a vis Qualcom. Hence, all the picking of RFMD as one of the gem Y2K stocks.
I tried myself to time the market on some of my stocks, e.g. RFMD, MRVC, GOJO in October only to miss on steep rises. Of course, I got back in them in time to enjoy substantial gains but I still lost 50% profit in this.
I wish you luck with your strategy. If you bought at $71 today you have already made a profit.Let us know when you are back.

Long to $90 as I believe RFMD is on a course for 2 splits pa.