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

To: The Ox who wrote (416)	6/2/1999 4:27:00 PM
From: robert duke	Read Replies (1) \| Respond to of 4849

Well I think the company realizes that and this is why they have said that they will be releasing all sorts of new over the next 60 days. I really thing it is a good buy at this level.

To: The Ox who wrote (416)	6/5/1999 11:46:00 AM
From: David E. Taylor	Read Replies (2) \| Respond to of 4849

Michael: Did you mean that the sale of TRW's 2 million shares itself would keep the stock from going up or even depress it near term? Or that investor perception that the overhang exists would keep buyers away from the stock in the near term? After all, 2 million shares spread over 6 months is only about 2% of the average daily volume traded. With an average trade being around 1000 shares, TRW's slow sell off makes them the equivalent of just 16 individual sellers on any given day. In addition, there are plenty of big block buyers to absorb TRW's selling. For example, yesterday there were about 40 large blocks traded totaling about 765,000 shares, any one block of which could have been TRW's selling allocation for the day. If they decide to just dump the stock on a major upswing, it would be absorbed by a couple of heavy trading days and be gone. The behavior of the stock over the last couple of days would seem to support my view that the TRW selling (particularly if they stick to their announced long term selling plan) will have an insignificant effect on the stock price. David T.