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

To: Scrapps who wrote (1934)	8/15/2000 4:16:41 PM
From: BostonView	Read Replies (3) \| Respond to of 2882

I see it!! JUGGERNAUT BLOWOUT?

To: Scrapps who wrote (1934)	8/15/2000 4:19:58 PM
From: BostonView	Read Replies (1) \| Respond to of 2882

Shares of Analog Devices (ADI: news, msgs) could get a boost Wednesday morning due to the company’s improved earnings report. Third-quarter earnings totaled $164.5 million, or 43 cents a share, compared with $54.6 million, or 15 cents a share. The consensus estimate on Wall Street was for a profit of 37 cents a share. Sales reached $701 million, up 85 percent compared with the year-ago total. “The continuing very strong demand for high-performance signal processing ICs used in a very range of applications resulted in Analog’s exceptional revenue growth in the third fiscal quarter,” said Jerald G. Fishman, president and chief executive officer. The company expects double-digit sequential revenue growth in the fourth quarter of 12 to 14 percent to $785 to $800 million and earnings per share of 49 to 50 cents a share. Analysts currently expect a fourth-quarter profit of 41 cents.