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Politics : Formerly About Applied Materials
AMAT 324.82+7.6%10:04 AM EST

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To: StanX Long who wrote (62067)3/14/2002 2:16:51 AM
From: StanX Long  Read Replies (1) of 70976
 
ANADIGICS Expects Wireless Revenue 13% Higher than Previously Expected

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Boston, Mar 13, 2002 (MidnightTrader via COMTEX) -- ANADIGICS (ANAD) tonight announced that it is recording increased demand in the 2002 first quarter, particularly for its CDMA wireless products. The company now expects wireless revenues of approximately $9 million, 13% higher than previously expected. Broadband revenue is also ahead of target, and is now expected to approximate $10 million. Stock is up on 26,000 REDIBook shares.
Price: 13.00, Change: +0.90, Percent Change: +7.4%

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