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


To: Johnny Canuck who wrote (40948)4/5/2004 11:29:03 AM
From: Johnny Canuck  Read Replies (1) | Respond to of 70602
 
08:52 RFMD RF Micro Device cut to Short-Term Mkt Perform at CE Unterberg (8.73 )

CE Unterberg downgrades RFMD to Short-Term Mkt Perform from Buy, as they believe that margins will take a hit due to the co's aggressive ramp of its poorly-yielding LFM PA3146 quadband PA module; also, firm says that non-handset wireless products (WLAN, Bluetooth, GPS) are lackluster, and while early EDGE socket wins at leading OEMs look promising, they don't see material revs until CY05.