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

To: DKR who wrote (232)3/17/1999 10:00:00 PM
From: robert duke  Respond to of 4849
 
It is possible that the stock could go higher at this level,so don't bet the farm on a short. The stock became a buy when it broke past 85 on the downside. Now we might go for a while. Let me see probably to 110 if the chart I use are right. We shall see then we will get a pull back.



To: DKR who wrote (232)3/18/1999 7:36:00 AM
From: nealm  Respond to of 4849
 
DKR,

I think the stock is still relatively unknown so we'll have more potential for new buyers in the near term.

Awhile back I followed AMZN (never did buy any) and there were people out there who lost their shirts shorting it. All the short's arguments made sense to me, but the stock kept rising anyway. I guess fighting the trend can be dangerous, she could go back to $80 or just keep climbing, who knows. Either way, RFMD has been very good to me.

Regards,

Neal


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