SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?


To: Art M who wrote (3909)12/8/2003 4:26:00 PM
From: Jibacoa  Respond to of 23958
 
RFMI made another 52 wks. H at 10.30AM today when it traded at $10.47 (That was higher than the $10.43 it traded on Thursday and its closing price of 10.10 is the highest so far this year.<g>

You have to watch that it won't try to retest the July H at 9.49

It is out of my buying range and has a PE around 140, but that is expected to fall to 50 or so with projected earnings of $0.19/share by end of next fiscal year in August 2004

It closed 2003 with good improvement on earnings ($0.03 vs.$0.01) in spite of lower revenues ($11.1M vs. $11.3M)

At any rate, it seems an exciting field and the major resistance seems to be now the July 2001 H at 15.25

As you said, it announced last week that its "Virtual Wire" short-range radio module is planned to be aboard the next resupply spacecraft to the ISS in a new experiment called SPHERES.

siliconinvestor.com

bigcharts.marketwatch.com

Bernard