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

To: Junkyardawg who wrote (1477)	2/16/2000 8:54:00 AM
From: BostonView	Read Replies (1) \| Respond to of 2882

This snipet from ZDNet is useful: As for the second quarter outlook, Analog Devices was bullish. The company projected second quarter sales in the $535 to $545 million range with earnings of 55 to 57 cents a share. Current First Call estimates project earnings of 48 cents a share in the quarter. "2000 appears to be shaping up as a great year for Analog Devices,' said Jerald G. Fishman, president and CEO, in a statement. ``Revenue growth for the year could exceed 50 percent if current trends continue." The formula for Analog Devices' success is clear -- a booming market for communications chips. Analog Devices makes digital signal processors, which account for 40 percent of the company's sales. The company said its communications sales are being driven by demand for high-speed access to the Internet, the buildout of digital subscriber line and other broadband technology and strong growth for wireless handsets and infrastructure. Analog Devices' other side of the business is also faring well, the company said. The company also makes components used in digital VCRs, digital cameras, high-end DVD players and flat panel displays. zdii.com BV