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Technology Stocks : ADI: The SHARCs are circling!
ADI 297.92+0.6%Jan 14 3:59 PM EST

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To: Jerome who wrote (642)8/13/1997 1:48:00 PM
From: Ren Liu   of 2882
 
To All,

So far, MXIM, LLTC, TXN, and BBRC all reported excellent earning and booking for the last quarter. Also, the wireless communication giants such as Ericson, Motorola, and Nokia had a great quarter with continuing market penetration. Today Salomon Brother upgraded ADI to a strong buy rating with a 12 month target of $40. Is this price target realistic ? Does anyone know when ADI will announce its earning ?

For your information, TSMC, ADI's primary foundry in Taiwan, distributed $100K bonus to each of its 4000 employee this month.

Ren
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