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

To: Skeet Shipman who wrote (3948)	3/8/2001 10:16:59 PM
From: Jack Hartmann	Read Replies (1) \| Respond to of 4849

RFMD warns GREENSBORO, N.C.-- RF Micro Devices Inc. here today reduced its sales forecast and predicted a loss for the fourth quarter that ends March 31, due to order delays and weak demand in the market. The supplier of chips for wireless applications currently anticipates that revenue will be approximately $55 million for the quarter, compared to the company's previous guidance of approximately $72 million. The company currently anticipates a quarterly loss per share of approximately $0.03-to-$0.04. This revised guidance includes the earnings impact of inventory reserves, which are expected to represent approximately $0.02-to-$0.03. siliconstrategies.com Jack