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Strategies & Market Trends : Market Gems-Trading Strong Earnings Growth and Momentum -- Ignore unavailable to you. Want to Upgrade?

To: 2MAR$ who wrote (6080)	3/8/2001 4:23:42 PM
From: Tim Luke	Read Replies (3) \| Respond to of 6445

hmm i guess im not banned

To: 2MAR$ who wrote (6080)	3/8/2001 4:24:20 PM
From: 2MAR$	Respond to of 6445

DJ RF Micro/Outlook -2: 4Q Street Net View 2c/Shr >RFMD GREENSBORO, N.C. (Dow Jones)--RF Micro Devices Inc. (RFMD) expects to report a fourth quarter loss of 3 cents to 4 cents a share, well below a First Call/Thomson Financial estimate for earnings of 2 cents a share from a survey of 12 analysts. In a press release Thursday, the company said it expects revenue for the quarter ending March 31 of about $55 million, lower than previous revenue guidance of about $72 million. The lower guidance includes the earnings impact of inventory reserves, which are expected to represent a loss of about 2 cents to 3 cents a share. The lower expectations are due to continued weakness in certain wireless markets, handset inventory overhang and delays of new handset models, which have forced push-outs of customer orders. The costs associated with the initial ramp-up of multi-chip module products also hurt the company's expectations. Shares of RF Micro were halted for news late Thursday, last trading at $13.38, down 56 cents or 4%, on Nasdaq volume of 1,950,000 shares, compared with daily average volume of 5,645,038 shares. (MORE) DOW JONES NEWS 03-08-01 04:23 PM * end of story *