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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Bill Cotter who wrote (40386)	11/26/2003 1:47:40 AM
From: Johnny Canuck	Read Replies (1) \| Respond to of 71173

Yes, but it would explain the relative strength in RFMD. NOK is more than 30 percent of RFMD business.

To: Bill Cotter who wrote (40386)	11/26/2003 11:01:14 AM
From: Johnny Canuck	Read Replies (1) \| Respond to of 71173

08:19 RFMD upgraded at CE Unterberg (11.41 ) CE Unterberg upgrades RF Micro to Short-Term Buy/Long-Term Buy from Mkt Perform/Mkt Perform and raises their FY04-05 ests above consensus, citing the following factors: 1) handset channel inventories in the US and China at or below normal levels, 2) initial indications for handset demand seem to be healthy, driven by both new subscribers (China, India and Brazil) and the replacement mkt (US and Europe), 3) firm believes the co's margins will continue to expand well into CY04, and 4) firm believes the handset mkt could be less seasonal this year. Target is $15.