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

To: tuck who wrote (4048)	1/4/2002 1:02:29 PM
From: tuck	Read Replies (1) \| Respond to of 4849

>>CHICAGO, Jan 4 (Reuters) - RF Micro Devices Inc. (NasdaqNM:RFMD - news), which makes circuits for mobile telephones, still expects to meet its previously stated forecast for fiscal third-quarter results, the company's chief financial officer said on Friday. The Greensboro, North Carolina-based company said a few times in the past couple months that it expected to earn 1 cent to 2 cents a share on revenues of $99 million to $103 million in the third quarter, and it was not changing that guidance, CFO Dean Priddy said. ``Our guidance has not changed,'' he told Reuters. RF Micro -- which counts the world's two largest wireless phone makers, Nokia (NYSE:NOK - news) and Motorola Inc. (NYSE:MOT - news), its biggest customers -- is scheduled to announce third-quarter results Jan. 15. Some analysts had wondered whether RF Micro would cut its forecast. RF Micro's stock was off $1.66, or 7.29 percent, at $21.12 in afternoon trading on the Nasdaq.<< snip Cheers, Tuck