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Technology Stocks : ADI: The SHARCs are circling! -- Ignore unavailable to you. Want to Upgrade?


To: BostonView who wrote (1446)2/3/2000 2:24:00 PM
From: Junkyardawg  Read Replies (2) | Respond to of 2882
 
Analog Devices sees strong sales

Analog Devices (ADI: news, msgs) chief executive Jerald Fishman said that the combination of the company's signal processing and a robust semiconductor industry will help the company to increase revenue by 45 percent in 2000, resulting in well over $2 billion in sales. He said that sales to communications customers in 2000 could reach 50 percent, that's up from 40 percent last year. Shares are up 8.2 percent to 104.