Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: nealm who wrote (411)	6/1/1999 5:08:00 PM
From: Thai Chung	Respond to of 4849

Tuesday June 1, 4:15 pm Eastern Time Company Press Release RF Micro Devices Announces Information Campaign to Spotlight Recent Wireless Application Developments and Company Expansion GREENSBORO, NC--(BUSINESS WIRE)--June 1, 1999--RF Micro Devices, Inc. (Nasdaq: RFMD - news) today announced a communications campaign to underscore recent developments made in the design and production of radio frequency integrated circuits (RFICs) for wireless communication applications. Over the next two months, RFMD will issue a series of news releases featuring advancements in the company's product development, manufacturing capacity and corporate structure to handle explosive growth. ''We've grown rapidly, driven by our promise to answer our customers' needs in design, development and delivery,'' said David A. Norbury, president and chief executive officer. ''We are positioned to provide the rapid product development leadership that today's wireless markets require.'' During the first four months of 1999, the company announced two facility expansions of its Greensboro headquarters and GaAs HBT (gallium arsenide heterojunction bipolar transistor) fab - the opening of a California design center and an arrangement to access IBM's SiGe (silicon germanium) foundry services. ''The public is going to be hearing a good deal more from us for the next 60 days,'' said Jerry Neal, RFMD(tm) vice president of sales and marketing. ''In recent months we have focused on the launching of several key strategic initiatives. Now we're going to explain how these will impact our business and that of our customers.'' RF Micro Devices, Inc., based in Greensboro, NC, designs, develops, and markets proprietary radio frequency integrated circuits for wireless communications applications such as cellular and PCS, cordless telephony, wireless LANs, wireless local loop, industrial radios, wireless security and remote meter reading. RF Micro Devices® and RFMD(tm) are trademarks of RF Micro Devices, Inc. All other tradenames, trademarks and registered trademarks are the property of their respective owners. For further information about RFMD, please visit our home page at rfmd.com

To: nealm who wrote (411)	6/1/1999 9:21:00 PM
From: HoodBuilder	Read Replies (1) \| Respond to of 4849

I guess this is a buying opportunity huh? I also guess that the upside for RFMD is limited as any strength will see TRW selling into it!