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Technology Stocks : ANDW
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To: pat mudge who wrote (780)6/29/1999 5:12:00 AM
From: Johnny Canuck  Read Replies (2) of 857
 
Hi Pat,

From memory ANDW does not have any 10 percent or greater customers, so you are right the type of impact PRMS saw in it earnings won't
be an issue for ANDW. The point I was trying to make is that the wireless infrastructure industry in general may be capacity constrained in it ability to deploy equipment and that this could be an issue to be aware of in the timing of revenue recognition. ANDW
has suffered in the past like NN in that its Q's can be non-linear. It can and has made or some pretty spectacular misses in EPS.

I can't remember how long their silent period is for, I think it is about to start so if they don't announce an EPS miss soon, the Q should be alright. Earnings look to be July 15, so that might be the reason for the strength in the stock. Personally, I would like to see more volume to confirm the move. We are currently sitting just above the 18 dollar level that some analysts had. Technically, resistance is at about 20.
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