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Small-Cap Stock Watch: RF Micro Devices (RFMD)

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Small-Cap Stock Watch: RF Micro Devices (RFMD) Powered By Docstoc
					Robert DeFrancesco’s
TechStockProspector.com
April 12, 2013


Small-Cap Stock Watch: RF Micro Devices (RFMD)
NOW AVAILABLE: The April 2013 issue of Tech-Stock Prospector for your
Amazon Kindle or Kindle for iPad/iPhone reading app.

Here are some of the topics covered in the April 2013 issue of TSP:

*Oracle in recovery after a tough quarter
*Yelp disrupts local search
*TripAdvisor expands its global presence
*Deal delays trip up F5 Networks
*Is Citrix Systems getting more competitive?
*How Aruba Networks steers wireless traffic
*Tableau Software is ready for the IPO spotlight
*Big Data: EMC and VMware launch Pivotal
*An activist investor tries to shake things up at Harmonic
*Why Palo Alto Networks is the rising star in security
*Juniper Networks attempts to rebound after a tough year
*Marin Software optimizes digital advertising from the cloud
*Electronic Arts seeks a new CEO to help reignite growth
*Fortinet battles for market share in networking security
*Deal Report: Model N finds growth in a software niche

Order the April 2013 issue of TSP here:
http://www.amzn.com/B004T6Z0ME

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At the start of this month, Canaccord Genuity upgraded RF Micro Devices (RFMD,
$5.30) to ‘Buy’ with a price target of $7, saying the mobile chipmaker is gaining
market share on the two major LTE smartphone platforms (Apple & Samsung) and
seeing improved demand across emerging markets (particularly in China).

Oppenheimer at the end of March upgraded RF Micro to ‘Outperform’ with a price
target of $7 because it also thinks the company should sustain/gain content in high-
profile product refreshes at key customers Apple and Samsung throughout this year.
RF Micro is a volatile small-cap stock that is subject to sharp price swings; the
market cap is $1.4 billion. The shares, up 53% from the 52-week low of $3.45, hit a
new 52-week high of $5.50 on April 1.

Analysts on average look for a big ramp in earnings in the new fiscal year (ending
March), with the consensus EPS estimate for FY’14 at 35 cents, vs. 16 cents for the
fiscal year just ended.

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Read the latest issue of Tech-Stock Prospector on your Amazon Kindle or Kindle for
iPad/iPhone reading app.

Here’s the Kindle link: http://www.amzn.com/B004T6Z0ME

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Tech-Stock Prospector Managing Editor Rob DeFrancesco has more than 20
years of experience covering the tech sector. He is a former senior writer with
Louis Rukeyser’s Wall Street.

TechStockProspector.com, launched in 2003, is an investment-research service
focused primarily on the networking, storage, security, wireless and software
sectors. Annual subscription: $350.

For more information or to place an order, call 800-392-0998.

				
DOCUMENT INFO
Description: Mobile chipmaker RF Micro looks to gain market share at Apple & Samsung