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To: patron_anejo_por_favor who wrote (116607)8/10/2001 5:30:47 PM
From: Dr. Jeff  Read Replies (1) | Respond to of 436258
 
RFMD must be anticipating a MUCH LOWER stock price to adopt a poison pill. Any thoughts?

biz.yahoo.com

Friday August 10, 4:43 pm Eastern Time

RF Micro Devices adopts shareholder rights plan

GREENSBORO, N.C., Aug 10 (Reuters) - RF Micro Devices Inc. (NasdaqNM:RFMD -
news), a maker of radio frequency products used in cell phones, on Friday said it adopted a
shareholders' rights plan that can be triggered if a person or group acquires 15 percent or more of its common stock.

RF Micro said the rights plan is intended to guard against abusive takeover tactics and is not in response to any particular
proposal.

Under the plan, the company said it will issue a dividend of one right for each share of its common stock held by shareholders
of record at the close of business on Aug. 30. The rights will be non-taxable and expire in ten years.

If a person or group acquires 15 percent or more of RF Micro common stock, all shareholders except the purchaser will be
entitled to acquire more stock at a 50 percent discount.

Shares of RF Micro closed off 47 cents at $27.52 on Nasdaq Friday.



To: patron_anejo_por_favor who wrote (116607)8/10/2001 6:40:26 PM
From: JRI  Read Replies (1) | Respond to of 436258
 
Meehan defended his choice of wardrobe, then mentioned how inflation still exists (despite CPI this morn), how he's been selling...tech still way overvalued, back tech out of SnP, and you get an SnP of 15, not great, not bad....so he think tech-SnP not terribly overvalued, but not buy yet.