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


To: robert duke who wrote (2017)1/15/2000 10:59:00 PM
From: Carl van Rooyen  Read Replies (1) | Respond to of 4849
 
<The nasdaq is sure reaching high levels.>

I agree...so high, in fact, that yesterday I shorted the P out of the Q's...



To: robert duke who wrote (2017)1/16/2000 7:04:00 AM
From: phileasfogg  Read Replies (2) | Respond to of 4849
 
Correct, and this only on the back of INTC. Wait for MSFT and CSCO to pull their respective technology sectors. The Nasdaq will break 4,400.
By the end of the day, once the inflation is factored out, the Nasdaq comes down to a math game:
INTC $340 billion cap
CSCO $370 billion cap
MSFT $580 billion cap
These are the caps which drive the market. As RFMD is now rising at a multiple over the Nasdaq index, we shall enjoy further gains.

Cisco's second quarter (financial) comes always strong (Q4>Q2>Q3>Q1).
Microsoft will make its number and gear up towards W2K.Expect a roll of applications provider to follow mid year.
The telecom sector will confirm the strength of Xmas sales (handsets), provide for further consolidation (operators) and unveil additional application business opportunities (CEBIT).