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


To: Yogizuna who wrote (3660)10/17/2000 10:25:41 PM
From: neverenough  Read Replies (1) | Respond to of 4849
 
Anybody with a 6 month time horizon should do great getting RFMD in the teens. I will average down tomorrow, my cost basis is 37 now, ouch!

From the CEO,

"Obviously, we are disappointed by order activity in the September quarter and our preliminary outlook for the December quarter," said David Norbury, president and chief executive officer. "We believe, however, that this is a short-term market correction issue for the company because of the significant production programs we expect to begin ramping in the March and June quarters."