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eastunder

06/05/12 1:05 PM

#1436 RE: eastunder #1432

RF Micro Devices sell-off overdone, says Cantor
Theflyonthewall.com – Fri, Jun 1, 2012 7:20 AM EDT.. .


After RF Micro's stock tumbled 33% following the results of its March quarter, Cantor expects the company to generate good growth and higher margins during the rest of its fiscal year. The firm believes that the company is improving its position with Qualcomm (QCOM) and Samsung, and it maintains a Buy rating on RF Micro.