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

To: The Ox who wrote (343)	4/22/1999 11:55:00 PM
From: jkb	Read Replies (1) \| Respond to of 4849

Why were you in such awe of today's action to the downside? Personally - I used it as a buying opportunity - and bought back again at $59. The downside in the last half hour came on a little volume. The thrust of the volume was earlier in the day. Looks real positive to me. This one is a true keeper.

To: The Ox who wrote (343)	4/26/1999 11:09:00 AM
From: robert duke	Respond to of 4849

WEll the pe has now dropped to about 110 from 397. This is a huge drop in the pe of a stock. I remember when AOL had a pe of about 190 it shot up about 150 points over the next 6 months. I think with good earnings and a lower pe the stock should hit or come close to 80-85 by aug 1 or the next earnings. We had earnings of .25 which was 8 cents better. So maybe next Q we might get .30 as the estimate and .35 as the actual reporting. I think this one has the potential to move higher without a doubt.