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RF Micro Devices, Inc. Message Board

  • stok1mom stok1mom May 16, 2005 11:42 PM Flag

    My take on this

    RFMD has just about hit rock bottom. All the longs have sold out having been shaken out by the Institutions. Now it's time for the Institutions to buy and this stock to goe up. I'm looking for 12.

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    • I have been "looking" for 12 again for quite some time. Won't beleive it until I see it. Can't get there without positive earnings growth. Wait and see what second half brings. Let's hope analysts forecast for 2006 are accurate. But quite honestly I have lost all faith in management as most on this board will agree. No magic crystal ball, no way to really accurately project becuase their track record for past year + is missed projections, wider losses.

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