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


To: tuck who wrote (4127)6/21/2002 7:06:26 AM
From: chojiro  Respond to of 4849
 
Morning Tuck.

Well, you know one thing
when a stock has such a lousy forecast into future business, warns on current quarter, is grossly over valued and in the middle of a full bear market, I'd have to say once this stock gets to $5, the funds will start dumping it, the public will reduce their positions(as it will become unmarginable) and their fate is all but dictated to them.
They now have little or no control over their stock price
And it will be getting a lot worse before it gets better. Trust me
Currently no position here.

P.S. I do not think RFMD's markets are as saturated as CIEN's, do you?

Yes. And the fact is that the company, the stock price is still way over valued.
And yes, I see RFMD following a path I predicted last year

"..... I don't believe that wireless hand sets will continue on the growth path set in front of them. I could be wrong; that's a chance I all have to take. Instead, I'm looking for the sector to go through the same thing that the PCs are going through. The the storage, and the telcos. Only perhaps worse!...." #reply-16294761

Now if you want a decent long play, wait, patiently and then go after those gold stocks when we get the next pull back. There isn't any rush yet to get in as I do expect POG to come back and retest 310 again, possibly.

Good luck to you.



To: tuck who wrote (4127)6/27/2002 10:06:24 AM
From: chojiro  Respond to of 4849
 
tuck.
MOT reaffirmed guidance this morning.
Might help provide a base for RFMD.

Still no position here, but will continue to watch
Good luck



To: tuck who wrote (4127)7/29/2002 12:15:30 PM
From: chojiro  Read Replies (2) | Respond to of 4849
 
Hi Tuck.
I had actually entered a long position
but got stopped out that day for a minor loss if memory serves me correctly.

Anyhow, I'm trying it again.
Long RFMD for a little bounce.
No stop in place yet, but watching it carefully.

I suppose I should wish myself good luck this time(g)