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

To: BostonView who wrote (1963)	8/16/2000 10:04:17 AM
From: Ibexx	Read Replies (1) \| Respond to of 2882

Goldman ups Analog Devices NEW YORK, Aug 16 (Reuters) - UBS Warburg and Goldman Sachs both increased their earnings estimates for computer chipmaker Analogue Devices Inc. (NYSE:ADI - news) on Wednesday, a day after the company said it expects to ship its new energy-saving ``Othello'' chip to major customers next year. -- Goldman Sachs said analyst Joe Moore raised 2000 EPS estimate to $1.49 from $1.35 and 2001 EPS estimate to $2.40 from $1.75. -- UBS Warburg said it raised EPS estimates to $0.50 from $0.40 for Q4 2000, to $2.40 from $1.90 for FY01. -- UPS also raised share price target to $120 from $100, based on a 48 multiple of calendar 2001 EPS estimate. UBS maintains buy rating. -- ADI shares opened up 13-6/16 at 90-3/16 on Wednesday,