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

To: im a survivor who wrote (4057)	1/15/2002 4:33:07 PM
From: tuck	Respond to of 4849

RFMD makes its 3Q numbers, but 4Q guidance disappointing. Glad I'm hedged a bit: >>GREENSBORO, N.C., Jan 15 (Reuters) - RF Micro Devices Inc. (NasdaqNM:RFMD - news), which makes circuits for mobile telephones and other wireless systems, on Tuesday posted lower fiscal third-quarter profits because of the slowdown in customer spending, and forecast fourth-quarter earnings below Wall Street estimates. The Greensboro, North Carolina-based company said its net income fell to $3.5 million, or 2 cents a diluted share, from $7.8 million, or 5 cents a diluted share, in the same period last year. Analysts had expected RF Micro to earn 2 cents a share, with a range of 1 cent to 3 cents, according to industry tracker Thomson Financial/First Call. Revenues for the quarter ending Dec. 31, 2001, rose 25.8 percent to $100.6 million from $79.9 million last year, and increased from $98.3 million in the previous quarter. The company also said it expects to earn 1 cent a share in the fourth quarter ending March 31 on revenues of $90 million to $95 million. Analysts were expecting earnings per share in the quarter of 4 cents, with a range of 1 cent to 8 cents, according to First Call.<< snip Cheers, Tuck

To: im a survivor who wrote (4057)	2/5/2002 12:36:40 AM
From: chojiro	Read Replies (1) \| Respond to of 4849

I went long at 19.....planning for a long term hold, but ya never know...... Are you still holding your position or did you sell it? I'm curious, if you are still holding, what might make you consider selling it- besides time and profits of course. The lighter than average volume on this recent move back down might be encouraging to continue to remain long. But what if they have to come out later this quarter and revise estimates and reveal after all they will not make a profit this year? I'm not trying to spread any FUD, I'm just speculating. And even if they do return to profitability this year as they say, does valuation(related to growth or anything else) playa role in your decision to retain your long position? If you have the time to respond, I would greatly appreciate it. No, I currently do not have a short position in RFMD, but giving serious consideration to re-establishing one.