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Efficient Design and Analysis of Airborne Radomes
First Things First:
The RF to Light 100 rose 0.2%, YTD + 6.1% at 2609 as of 2/23/07, a 5 year high. NASDAQ up .8% to a record 2515. Microsemi’s 1Q07 net profit rose 31%, stock up 18%. Analog Devices’ higher-than-expected profits and upbeat outlook pushed stock up 12%. RF to Light readers know from the chart that the market segment “Network Systems” bottomed out in 2Q06, “RF semiconductors” bottomed out in week 1 2007 and “fiber optic” appeared to have bottomed out 2 weeks ago.
In the News:
US stocks sagged this week in thin trading as investors fretted over a small but unexpected rise in inflation, higher oil prices and troubles for mortgage lenders. A rally in chipmakers propelled the tech-led NASDAQ Composite to a six-year high. As consumers have flocked to file-sharing, Internet phone services and online video on Web sites like YouTube, telecom networks have felt the strain. In response, they are buying up new gear to upgrade the "plumbing" that carries voice and data traffic around the globe.
PIS (personal investment system):
Within 5 year low : Exar, Zhone, Verizon. Maxim and Bookham exited.
Market Oversold Indicator:
Flat at 75%.
Market Overbought Indicator:
up to 68%.
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