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

To: chojiro who wrote (4029)	11/2/2001 9:51:42 PM
From: Tom Pulley	Read Replies (2) \| Respond to of 4849

Probably won't be long before it breaks below 20. I have to admit I was very optimistic on this stock until the last earnings report came out and earnings didn't live up to what I was expecting in relation to the revenue growth. I posted Sept 29 and was optimistic on the stock (it was around 16). Since then it has not performed nearly as well as I expected during the Nasdaq run-up, and as I said the profit margin was not as good as expected. As the Nasdaq runs out of steam, there won't be much to hold this one up. We could see $10 or so in the next 1-2 months. Long term, this still could be a good stock to own, but I'm out of this one for now. Tom