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Qorvo, Inc. Message Board

  • sayleweleweye sayleweleweye Jan 16, 2004 10:20 AM Flag

    RFMD should pull an IBM

    Push up the announcement to pre-open Tuesday. Announce it tonight and that would scare the crap out of people shorting the stock.

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    • I don't think the management plays those games. Lots of nerves here...but patience will pay off IMO. It does look like stocks to the left and right of RFMD are moving and moving big...but unfortunately those stocks are all profit-less and that will act as a curb on their stock price. RFMD should show a sequential increase in profits. Moreover year to year it should look great. Going forward should look great. There is probably some inventory from the holiday period out there...BUT, believe me the emerging markets (INDIA, china) will eat through any inventory in the next year.

      Then there's the issue of ASP (average sales price) for components...naturally it will decrease thus eating away at profitability...that's where EDGE and Polaris enter the picture. As I understand it those products kick in soon and should increase the dollar content per phone of RFMD components.

      I think RFMD is in store for an amazing year with amazing demand. As cellphones add additional features and as other products become cellphones as well, the demand for cell-phone components should increase. RFMD claims to have the lowest cost-structure in the industry. If true, they should win on price as they have a competitive advantage.

      Today's trading seems again to be option-related. I predict near the end of the day we'll see the start of a quick period of buying before earnings.