RF Micro Devices, Inc. (RFMD)

[cushsix]

excerpt from Seeking alpha website ........

RF Micro Devices (RFMD), is ready for a return to market dominance and as a result should see an increase in its stock price taking it to multi-year highs. Yesterday, there were two pivotal announcements that support my belief in RFMD's forward progress toward becoming the dominant RF systems player in the mobile sector. 1) RFMD announced it is expanding capacity due to increased product demand from one of its key customers. 2) Apple (AAPL) announced it had sold out its new iPhones in under two days; this beat some analysts' forecasts by almost double (9 million vs. 5 million). In trading, we saw RFMD break out to a two and a half year high on over three times normal volume.

RF Micro Devices Inc is a leading designer and manufacturer of high-performance radio frequency solutions in mobile device, wireless infrastructure, Wi-Fi, cable/broadband, and the aerospace and defense markets.