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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Sully- who wrote (39139)	7/17/2001 4:11:48 PM
From: stockman_scott	Read Replies (1) \| Respond to of 65232

VRTS .19/share, lowers 2nd half revenue guidance to 25-35% from 35-50%. bye bye VRTS on the initial reaction. Lots of emotional trading afterhours...=) Best Regards, Scott

To: Sully- who wrote (39139)	7/17/2001 4:16:16 PM
From: stockman_scott	Respond to of 65232

Here are some important comments from the CEO of RFMD... <<``During the June quarter, the Company experienced increased order activity and growth in backlog. Given these factors, and our ongoing communications with customers, we believe our visibility has improved into the September quarter. We continue to expect near-term revenue growth and market share gains, and we are optimistic about multiple opportunities in handset and non-handset markets. Our wireless local area network (WLAN) chipset, for example, is currently being evaluated by several leading companies. Initial feedback has been positive, and we expect WLAN revenues will begin to reach meaningful levels this fiscal year. ``Finally, we anticipate September revenues will increase approximately ten percent sequentially, and we are very pleased to be fully booked to reach that goal.''>> If more CEOs could provide that kind of guidance we would be in great shape. Yet, there are always a few shining stars out there when times seem tough...RFMD may be seeing stabilization of orders much sooner than many other tech firms...we should get lots of good info. in the next 10 days...=) Best Regards, Scott