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

To: chojiro who wrote (4145)	9/24/2002 4:02:57 PM
From: tuck	Read Replies (3) \| Respond to of 4849

I just might survive this frikkin' bear. September calls written against 1/2 of my RFMD position expired worthless, Tuck keeps the money. Now this, good for a closing flurry (and AH ought to be interesting): >>GREENSBORO, N.C., Sept. 24 /PRNewswire-FirstCall/ -- RF Micro Devices, Inc. (Nasdaq: RFMD - News), a leading provider of proprietary radio frequency integrated circuits (RFICs) for wireless communications applications, today announced the Company currently expects earnings per share for its fiscal 2003 second quarter ending September 30, 2002 will be approximately $0.03 on revenue of approximately $118 million. This compares to guidance provided on July 16, 2002 of revenue of approximately $109 million to $114 million and earnings per share of approximately $0.01 to $0.02. RF Micro Devices also commented that order visibility for the quarter ending December 31, 2002 continues to improve, and the Company currently anticipates revenue in the December 2002 quarter will increase sequentially, compared to the September 2002 quarter. Dave Norbury, chief executive officer of RF Micro Devices, said, "Our customer and product diversification efforts are paying off. We are experiencing broad-based strength across multiple customers and markets, which is increasing our capacity utilization and improving our order visibility into the December quarter. The Company currently has production orders for the December quarter to support sequential revenue growth beyond the increased September estimates provided today." RF Micro Devices will provide further December quarter guidance in its fiscal 2003 second quarter earnings release. The Company is scheduled to announce fiscal 2003 second quarter earnings on October 15, 2002 at 4:00 p.m. Eastern.<< snip Cheers, Tuck