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


To: jkb who wrote (357)4/26/1999 12:49:00 PM
From: The Ox  Respond to of 4849
 
Why do you think the stock should be trading higher then $85 share in the next 6 months? Please explain your reasoning if it's possible for you to do without childish name calling.

I am a little concerned at the current valuation. While robert tosses out PEs in the 100s and 300s like they are no big deal, those lofty valuations are a cause for concern in my book. Long term, this stock is a sure winner in my book but after a 1300% gain in about a year, I wonder if we aren't getting a little too bullish on this one? We have yet to see a serious correction in RFMD....

best regards,
Michael - PS, nealm, I don't think there's anything to worry about with VTSS. They aren't in the same explosive growth phase that RFMD is but they continue to be at the forefront in their niche. Of all the stocks I follow in this sector, I feel that VTSS is the 'safest' play. That doesn't discount the volatility or daily price swings, it's just they keep moving forward with steady, dependable performance. I think both RFMD and VTSS are keepers for now.



To: jkb who wrote (357)4/26/1999 1:06:00 PM
From: robert duke  Read Replies (1) | Respond to of 4849
 
Well I could not figure out why not. Business is good, earnings were great, stock stock is at 60 and has 3 1/2 months before the end of the summer to get to 85. I really think we could see 125 by the end of the year.

Just think

dec .16
mar .25
june .32
sept .40
total this year comes to 1.13, this type of earnings would bring the pe down to 53 which is waaaaayyyyy low. I think earnings will be better than this. Go rfmd