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Technology Stocks : ADI: The SHARCs are circling!
ADI 300.87+0.6%Jan 9 3:59 PM EST

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To: Doug Lakin who started this subject10/18/2000 9:33:38 PM
From: BostonView   of 2882
 
TXN made their number tonight and projects flat rev's for next Q (blaming slower wireless biz). The good news for them , which I take as better news for ADI, is centered on this bullish statement, one of TI's few:

"DSP and analog are the core semiconductor drivers of a diverse mix of Internet-age applications," said Tom Engibous, TI chairman, president and CEO, in a statement.

TI said there would be continued strong growth in the fourth
quarter in sales of semiconductors for other high-tech communications devices such as cable modems, Internet audio services and broadband connections.

No mention of losing biz to ADI. I guess we'll leave that to Fishman in November.

BV
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