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


To: Lee Fredrickson who wrote (3608)10/14/2000 8:10:35 PM
From: Stephen  Read Replies (1) | Respond to of 4849
 
Just checking the thread ... I'm also waiting to get back into RFMD - and may not wait too much longer dependant upon the overall market. From the number of posts & content ... Robert sounds like someone who is slightly scared a stock he wants to own might get away from him - nothing more. I suspect there are quite a few like us ... and RFMD was brought to a lot of peoples attention as one of Fortune's 10 growth stocks to own. I'm tempted to dollar cost average - but I've distrusted this market for so long I haven't held a position more than a few weeks for well over 2 years !!. But ... I do want to have a long term portfolio and have this one earmarked. Unlike some of the others - GLW, JNPR, NTAP, EMC ... etc etc ... this one has at least taken a decent haircut - & wireless should be a growing market for a few years - especially as it still has to go through the stage that PC's went through of constant upgrades. I suspect the overall market may go lower also ... but a number of stocks I had targeted already seemed to have bottomed these last couple of weeks and have gone up despite the market swan-dive. I may take an initial position Monday on any weakness. At least this is an SI board with some activity - LOL. AND DMP posts here - Hi there ...

Good luck all !!

Stephen



To: Lee Fredrickson who wrote (3608)10/15/2000 12:53:26 AM
From: robert duke  Respond to of 4849
 
Lets get back to RFMd and stop wasting time. RFMD has great earning and great long term poential but the pe is a bit high and I feel that with the higher rates and higher oil prices the market is contracting pe ratios. rfmd at 20 in a few weeks or sooner