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


To: robert duke who wrote (3696)10/18/2000 8:24:22 PM
From: METMAN  Read Replies (1) | Respond to of 4849
 
Robert, good call on RF the past few days ... though some of us longs are wallowing in pity right now ... :( the market has not factored into the price of RFMD the Qualcomm-China connection that is expected to be officially announced Thursday.

Judging by all of the recent PR's and news briefs, an announcement for the tender of CDMA is expected Thursday October 19th (tonight, in fact there) that should shed more light on the size for this initial network ... Though this obviously has little immediate impact on RFMD's bottom line, a lot of folks will be crunching out new data once more concrete information is known, supposedly on Thursday.

Given this news, RFMD may not sit for too long in the teens ... since with their most recent association with QCOM, this should have a positive effect, if not now, certainly for much of Y2001 >> .... How quick a turn-a-round ... I would guess it takes a lot of good news to bring a chopped tree back to life.

Unless 3G dies on the vine, RFMD should be OK moving forward.

regards,

metman