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To: Ruffian who wrote (19529)	12/11/1998 1:36:00 AM
From: Valueman	Read Replies (2) \| Respond to of 152472

Isn't RF Microdevices one of those suppliers that everyone loves to cite as an indicator of handset sales? Seems to me it has shown up in the past. I do not know if QCOM is a customer or not. From their 10-K: The Company's GaAs HBT power amplifiers and small signal devices have been designed into advanced subscriber equipment manufactured by leading original equipment manufacturers ("OEMs") such as Nokia Mobile Phones Ltd. ("Nokia"), Hyundai Electronics Industries Co. Ltd. ("Hyundai"), Phillips Consumer Communications, L.P. ("Phillips"), Motorola, Inc. ("Motorola") and LG Information and Communications, Ltd. ("LGIC"). ....and in May 1998 released the RFMD Silicon Innovations Designer's Handbook, a catalog featuring this new generation of silicon-based RFICs. These products cover three major application groups: CDMA telephones (both 800 MHz and PCS applications), transceivers for ISM bands up to 2.5 GHz and general purpose amplifiers. Cellular Handsets- - -----------------LG Information and Communications, Ltd. Hyundai Electronics Industries Co. Ltd.Maxon Electronics, Ltd. Nokia Mobile Phones, Ltd.Pantech Co., Ltd.Phillips Consumer Communications, L.P. Samsung Electronics Co., Ltd. Well, life is good for RFMD now, and note the bit about Korea. RF Micro Devices, Inc. Expects Higher than Anticipated Revenue and Earnings Wafer Fab Contributes to Greater Than Anticipated Margin Expansion GREENSBORO, N.C., Dec. 10 /PRNewswire/ -- RF Micro Devices, Inc. (Nasdaq: RFMD - news), a leading provider of proprietary radio frequency integrated circuits (RFICs) for wireless communications applications, announced today that its revenue, gross margin and net income for its third quarter of fiscal 1999 will be higher than the published consensus analysts' forecasts. Revenue for the quarter ending December 31, 1998 currently is expected to be between $38 and $39 million. The current consensus analysts' models estimate is approximately $33.7 million. The Company attributed the increased revenues to growth in demand for GaAs HBT products, particularly three volt power amplifiers, and greater than anticipated wafer availability from its newly opened GaAs HBT fab, which has allowed it to satisfy more of this demand. Unforecasted shipments of a range of silicon and GaAs HBT products to its Korean customers will also contribute to the higher than planned revenues. The Company currently anticipates its gross margin percentage for the third quarter will be in a range from 34% to 35%, which is higher than current analysts' consensus expectations of approximately 32.7% and the previous quarter's results of 31.0%. Contributing factors are higher than expected revenues and lower costs associated with four-inch GaAs HBT wafers produced in the Company's fab. Net income is currently expected to be between $4.7 and $5.1 million, or from $0.26 to $0.28 per share based on 18.2 million diluted shares, compared to consensus analysts' expectations of $2.7 million or $0.15 per share. RF Micro Devices, Inc. designs, develops and markets proprietary radio frequency integrated circuits (RFICs) for wireless communications applications such as cellular and PCS handsets, cordless telephones, wireless LANs, wireless local loop, industrial radios, wireless security and remote meter reading. The Company offers a broad array of products, including amplifiers, mixers, modulators/demodulators, and single-chip transceivers that represent a substantial majority of the RFICs required in wireless subscriber equipment. The Company's strategy is to focus on wireless markets by offering a broad range of standard and custom designed RFICs in order to position itself as a ''one-stop'' solution for its customers' RFIC needs. RF Micro Devices, Inc. is traded on the Nasdaq National Market under the symbol RFMD.

To: Ruffian who wrote (19529)	12/11/1998 1:42:00 AM
From: DaveMG	Read Replies (1) \| Respond to of 152472

ALL: I'm gonna speculate that the "deal" has essentially been consummated. All of the details seem to be out there. The CDMAone chiprate will be THE chiprate. To accommodate the needs of the existing underlying networks there will be several slightly different variants of the standard, "harmonized" in the handset(This is how ERICY gets to declare victory). Things like GPS, type of codec, etc, will be decided upon based on field trials. Ericsson is indeed out there blowing in the wind, all by themselves. Within the industry, they are the fall guy: "QUALCOMM invites Ericsson to join the Company and the majority of the world's wireless industry in convergence discussions taking place in the International Telecommunications Union (ITU) and in various standards organizations worldwide." There will be a flurry of deals. Hang onto your Hats! Dave