SmallCapReview - Stocks to Watch - XRTX, RFMD, SEED

Xyratex Ltd ( Nasdaq: XRTX) $15.33. Today announced preliminary results for its fiscal 2010 first quarter, which ended February 28, 2010. Xyratex expects to report revenues for the first quarter of fiscal 2010 in the range of $313 to $318 million. This compares to the Company's guidance of revenues between $245 and $285 million.

Xyratex expects GAAP earnings per diluted share for the first quarter of fiscal 2010 to be in the range of $0.77 to $0.87. This compares to guidance of between $0.24 and $0.52.

RF Micro Devices, Inc. ( Nasdaq: RFMD) $4.82. Today announced updated financial information for RFMD's fiscal 2010 fourth quarter, ending April 3, 2010. RFMD now expects to generate quarterly revenue of approximately $240 million to $245 million, which represents approximately 41% year-over-year growth at the midpoint of this updated outlook. As a result of the anticipated increase in revenue, RFMD expects to achieve non-GAAP quarterly earnings per share of approximately $0.11 to $0.12.

RFMD is experiencing broad-based strength in its core business this quarter, with current customer demand significantly outpacing original expectations in both the cellular products group and multi-market products group. RFMD is seeing particular strength in China and Korea and expects continued market share gains across leading cellular baseband providers and handset manufacturers this calendar year.

What They Do: RF Micro Devices is a global leader in the design and manufacture of high-performance radio frequency components and compound semiconductor technologies.

Origin Agritech Limited (Nasdaq: SEED) $10.33. Today  announced it has developed a strategic pesticide business unit for premium branded chemical products. The company expects a premium branded glyphosate product to be marketed immediately into the domestic agricultural market for the 2010 selling season. This branded product expects to be sold at a premium to other non-branded products in the current Chinese marketplace and will work in conjunction with Origin’s glyphosate-resistant seed portfolio, currently in regulatory approval phases. The pesticide portfolio developed will be designed to work synergistically with the existing hybrid and genetically modified seed products.

The current pesticide market in China is roughly 90 Billion RMB industry in China. Origin’s pesticide products are contract produced by one of the highest quality producers in China. The products will be marketed and distributed through Origin’s existing agricultural network of approximately 3,800 first-level distributors and 65,000 second-level distributors and retailers spanning all 30 mainland China provinces.

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