ADI: The SHARCs are circling! Message Board

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Technology Stocks : ADI: The SHARCs are circling!

ADI 241.55

+3.5%

3:59 PM EST

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To: milo minderbender who wrote (1129)	10/31/1998 8:31:00 AM
From: Key West	Read Replies (1) of 2882

Needham also downgraded their opinion on Cypress Semiconductor yesterday. Given the short period of time ( about a month ) since their upgrade of ADI and yesterday's dual downgrades, I would submit Needham is attempting to engage their clients in a little market timing activity. Judging by yesterday's action, the markets have dismissed these downgrades, and instead see the bigger picture of rapidly improving chipmakers' fortunes. Gene Piccoli

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