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

To: BostonView who wrote (1708)	5/17/2000 7:54:00 AM
From: Jim Oravetz	Read Replies (1) \| Respond to of 2882

FWIW, full page ad in EETimes by ADI. Headline: "Thanks to you, we're the fastest-growing DSP supplier." We're supporting over 10,000 customers who develop the world's hottest products. Graph showing that ADI DSP growth was about 42% vs. overall DSP market of 25% (Source: Forward Concepts, 1999). Nice Q. Revenue growth projections are sounding better and better. Just hope that little things like wafer availability do not restrict growth too much. Jim

To: BostonView who wrote (1708)	5/17/2000 9:20:00 AM
From: Mike 2.0	Respond to of 2882

We are benefiting from accelerating demand for increased bandwidth as Internet usage continues to grow dramatically. DSL, cable modems, central office concentrators and optical networking products are all growing rapidly. We are also seeing strong growth for wireless products used in cellular handsets and base stations, as well as for products used in wireless Internet appliances. This is EXACTLY where I want to be in this market. ADI is on the crest of a TIDAL WAVE in wireless and DSL. Full steam ahead, Juggernaut!!

To: BostonView who wrote (1708)	5/17/2000 9:26:00 AM
From: Mike 2.0	Respond to of 2882

Check out today's Briefing.com- briefing.com 09:07 ET ****** Analog Devices Inc. (ADI) 67 3/4: Strong demand from the wireless and broadband sectors, along with increase Internet usage allowed this supplier of high performance integrated circuits for analog and digital signal processing applications to post exceptional Q2 results. In addition, due to a large backlog position, the company is forecasting very strong Q3 and full year results that top Wall Street expectations. In fact, fiscal 2000 revenues could exceed $2.4 billion, or approximately $1 billion more than in the prior year. In Q2, the company earned $0.32 per share, three cents better than the First Call mean, vs year-ago profit of $0.11. Net sales rose 71% from a year-ago and 19% sequentially to $580.99 million as analog revenues expanded by 57% from a year-ago and 15% sequentially. Meanwhile, DSP technology revenues increased 134% from a year-ago and 32% sequentially. The increase in Internet usage has led to more bandwidth demand, enabling Analog Devices to end the quarter with a 30% sequential increase in its backlog orders. Accordingly, the company expects Q3 revenues to be in the range of $640 to $650 million and for earnings to come in between $0.36 and $0.37 per share, at least five cents better than the current First Call estimate of $0.31 per share. For the full year ending in October, Analog Devices could see year-to-year revenue growth exceeding 65%, resulting in fiscal revenues of $2.4 billion. Given the strong trend that the company is currently on, ADI should have little problem topping current full-year earnings estimate of $1.19 per share, compared to year-ago profit of $0.57. Hence, while the market is likely to experience some selling today following yesterday's rate hikes by the Fed, this is one issue that should be able to buck the selling trend as the company is well positioned to take advantage of growing opportunities in the analog and digital components areas. - Raul Nicho, Briefing.com