Ericsson overlook? Message Board

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Technology Stocks : Ericsson overlook?

ERIC 9.625

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3:59 PM EST

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To: DWB who wrote (1280)	1/30/1998 12:31:00 PM
From: Terry D	Read Replies (1) of 5390

Daniel - One of Ericsson suppliers blows up real good. Early warning or unrelated? Symbol(s) ANAD & Date -------------------------------------------------------------------------------- 01/29 5:14P (DJ) +Anadigics Inc. 4Q Net 31c A Basic Share Vs 54c ANAD story 6361 Anadigics Inc. Earns -4: Sees Competition, Shifting Demand Anadigics Inc. (ANAD) has seen a substantial reduction in orders and forecasts from its wireless customers. The company expects this development to lead to significantly lower sales and possibly a loss in the first quarter. The company attributed lower demand to increased competition, a shift in demand to lower-cost phones not using its products, customer delays in the launch of new dual-band phones using its new products and the effects of the Asian financial crisis. Anadigics supplies gallium arsenide integrated circuits used to receive and send microwave and radio signals. 08:07 PM Additional Codes (P/DTE, R/NJ, R/NME, R/US, R/USE)

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