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

To: The Ox who wrote (207)3/9/1999 7:26:00 PM
From: DKR  Read Replies (2) | Respond to of 4849
 
I agree, all the good news is out, future earnings are fantastic but already factored in....I admit I sold in the mid sixties but I hope to make up the difference with my short position around 93. Growing revenues at 60% should not justify a 100 forward p/e in a rational market. I am not sure I will be right immediately, but I am quite confident I will be right eventually. We shall see....



To: The Ox who wrote (207)3/9/1999 8:27:00 PM
From: robert duke  Respond to of 4849
 
Well I feel that by next march earnings will be about 1.50 a share and the pe wil continue to be high. Between 125-200 in that range. I don't day trade, I do hold for longer periods of time. But what ever make money, right! We shall see. For right now I am estimating 100 by the end of mar and then the 2-1 split. Then we shall pick the next target.


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