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Technology Stocks : Anadigics(ANAD) - Is anyone following this Company?
ANAD 0.8490.0%Mar 16 5:00 PM EST

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To: t36 who wrote (313)1/30/1998 8:08:00 PM
From: Nevin S.  Read Replies (2) of 1079
 
Not sure what to tell you. I've owned this company for several years and they seemed to be on the right track: increasing earnings, leading edge technology. ANAD's future turned cloudy predict today with the message that was delivered by management along with their earnings release. Today's price action was probably an over reaction but there are some real risks on the horizon: 1) Asia and the demand for wireless subscriber equipment over the next few quarters; 2) Competition from other GaAs manufacturers including companies like RFMD that specialize in GaAs HBT (heterojunction bi-polar transistor); and 3) potential competition from newly announced SiGe initiatives.

Until I get a clear understanding about what has management spooked enough to issue the kind of warning that came today, I would be relutant to put any additional money into this company.

Would love to hear what anyone else has to say on the subject. ANAD is kind of like the "Quiet Company", they haven't said very much until this recent announcement.
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