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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: dennis michael patterson who wrote (20497)10/1/2001 9:28:01 PM
From: Monty Lenard  Read Replies (2) | Respond to of 52237
 
It will bounce at that gap but beyond that I don't know. Is it a pos?

Monty



To: dennis michael patterson who wrote (20497)10/1/2001 10:39:51 PM
From: Challo Jeregy  Respond to of 52237
 
David Tice on rfmd (among others -g-)

Q. Are you finding a lot of technology companies that just aren't earning any money?

There are tons and tons of companies we're short that are losing money, that are earning very poor
returns on capital. RF Micro Devices (RFMD: news, chart, profile) is selling at 11 times sales and it's
lost money the last two quarters. Even at the peak it earned a 10 percent return on equity and 8
percent on capital. That's a miserable rate of return. That's practically what you could get from a
tax-exempt municipal bond a couple of years ago. There are also some competitors coming along
that people aren't considering. They're buying it because it's down from its high.

marketwatch.com