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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?


To: Proud_Infidel who wrote (4813)1/7/2003 7:10:46 PM
From: Sarmad Y. Hermiz  Read Replies (2) | Respond to of 25522
 
3:35PM RF Micro sees Q3 at high end of projected range (RFMD) by Michael Baron
RF Micro Devices (RFMD) is sliding 27 cents, or 3.2 percent, to $8.30, in late trades. The company, which provides radio frequency chips for wireless communications applications, is out with a press release saying that it expects results for the third quarter to come in at least at the high end of its outlook for earnings before items of 4 to 5 cents a share on revenue of $128 million to $132 million. In comments made at an investor conference, RF Micro added that it's "already fully booked to exceed current consensus revenue estimates" for the fourth quarter ending March 31. The company believes that it's gaining market shares in handsets and wireless local area network products.