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Technology Stocks : ADI: The SHARCs are circling!
ADI 310.91-2.4%3:59 PM EST

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To: Tom Caruthers who wrote (836)2/27/1998 8:18:00 PM
From: Kevin Riff  Read Replies (5) of 2882
 
ADI cooling off on MEMS (micromachining)?

I'm sure micro electromechanical systems and surface micromachining aren't the reason most of you follow ADI, but it is an emerging technology which prompted me to buy into ADI three years ago. Their current mems products are mainly a family of accelerometers used in car airbags. They seemed to be the best/only stock play in mems, but can anyone tell me if they are not so enthused about this technology anymore (and what other public companies are, if you know)?
I don't follow ADI too closely since mems is a long-term thing, but what prompts me to ask is there is no mention of mems, surface micromachining, or their accelerometer products in their latest annual report which I recently received. Nor their web site.

It would be a bummer since I don't know of any other good mems plays. Texas Instr. maybe, but that would be a more diluted play due to their size.

Thanks
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