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

To: mahler_one who wrote (4196)	1/7/2003 11:57:02 AM
From: im a survivor	Read Replies (2) \| Respond to of 4849

I'm adding some RFMD.....like long term prospects.....and with company giving good visibility in saying they feel demand is growing as well as their market share is increasing....well, you don't hear much good news these days, and RFMD management seems to think things look bright for the future......but, who knows what happens...she could hit $2 as easily as she hits $10 in this bizzare market...

To: mahler_one who wrote (4196)	1/21/2003 4:53:45 PM
From: tuck	Read Replies (2) \| Respond to of 4849

Not sure if my concerns about channel stuffing (coincidentally echoed by CSFB; can't remember who was first) are valid, but something has changed for the worse. From looking at the two news items together, it sounds as though it's acquisition related charges: >>GREENSBORO, N.C., Jan 21 (Reuters) - Wireless chipmaker RF Micro Devices Inc. (NasdaqNM:RFMD - News) on Tuesday posted higher sales amid a weak telecom market thanks to market-share gains. The company, based in Greensboro, North Carolina, reported a net loss of $5.2 million, or 3 cents a share, compared with $3.5 million, or 2 cents a share, in the year-ago quarter. Revenue in the quarter ending Dec. 31 rose 45 percent to $145.8 million from $100.6 million last year. Analysts were expecting RF Micro to earn 5 cents a share before one-time items, with estimates ranging from 4 to 7 cents, according to research firm Thomson First Call. They were expecting sales of $132.4 million, according to Multex, another research firm. RF Micro said earlier this month that third-quarter results were still tracking to the high end of previous forecasts for earnings of 4 to 5 cents a share before one-time items on sales in the range of $128 million to $132 million. Officials also said then that fourth-quarter sales would be above analysts' expectations.<< However they guided earnings lower, according to Briefing.com: >>16:19 ET RFMD RF Micro Device beats, guides down (6.91 +0.06) Reports Q3 (Dec) earnings of $0.08 per share, $0.03 better than the Multex consensus of $0.05, company sees Q4 EPS of a loss of $0.01 to breakeven vs Multex consensus of $0.03. << I guess we'll have to wait for the full PR and CC for the details. The market seemed to be pricing in something negative of late. I figure on unwinding my hedge in the next few days in anticipation of a bounce, pending reassurance. Cheers, Tuck