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

To: DKR who wrote (393)5/20/1999 9:42:00 PM
From: Anthony  Read Replies (1) | Respond to of 4849
 
Actually earning estimate for this year is around 1 EPS and 1.4 EPS for next year so pe is now only at 43 and 30 next year for a company growing at 40% with the most explosive market shares in telecom communication. I'll say buy. My prediction this stock will move up back in the 60's around August time frame when more good news will be forth coming.



To: DKR who wrote (393)5/20/1999 11:16:00 PM
From: robert duke  Respond to of 4849
 
I don't think it will pull back to 38 but maybe 40. I think once we get to 40 the pullback will have been 50% and that is enough for the mm's. We will be back higher by mid summer. Looking at the funture 12 months the pe will be down to about 25 or so in that time.


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