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

To: Thai Chung who wrote (4544)	12/19/2003 8:56:08 AM
From: Thai Chung	Respond to of 4849

Zacks Buy List Highlights: RF Micro Devices, Urban Outfitters, H&R Block, and Maxtor Corporation December 17, 2003 09:06:00 AM ET Zacks.com releases another list of stocks that are currently members of the coveted Zacks #1 Ranked list which has produced an average annual return of +33.7% since inception in 1988 and has gained +100.3% since January 2000 when the market was in the grips of the worst bear market in 60 years. Among the #1 ranked stocks today we highlight the following companies: RF Micro Devices, Inc. RFMD and Urban Outfitters, Inc., URBN. Further they announced #2 Rankings (Buy) on two other widely held stocks: H&R Block Inc. HRB and Maxtor Corporation MXO. To see the full Zacks #1 Ranked list or the rank for any other stock then visit. at.zacks.com Here is a synopsis of why these stocks have a Zacks Rank of 1 (Strong Buy). Note that a #1 Strong Buy rating is applied to 5% of all the stocks we rank: RF Micro Devices, Inc. RFMD designs, develops, manufactures and markets radio frequency integrated circuits for rapidly growing wireless communications products and applications. Earlier this week, RF Micro Devices announced that it shipped its 350 millionth power amplifier (PA) module, become the fastest company in the industry to accomplish that feat. The company said that it continues to experience strong customer demand for its power amplifier modules across all major air interface standards. In October, RF Micro Devices reported net income of 7 cents per share, excluding a charge, for its second quarter of fiscal 2004, which easily surpassed the consensus' loss expectation. It also reported that revenues jumped by +36.5%. Over the past two months, earnings estimates for this year, ending March 2004, have moved from a loss to a profit, while next year's expectation has surged by more than +100%. RF Micro Devices is an innovative company with products that are gaining in popularity, so investors may want to tune in for higher profits with a position in this issue.