SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Anadigics(ANAD) - Is anyone following this Company? -- Ignore unavailable to you. Want to Upgrade?


To: Condo who wrote (922)9/15/2000 9:39:38 AM
From: The Ox  Read Replies (3) | Respond to of 1079
 
For me, today's warning is not surprising. It confirms that ANAD's mgmt needs some serious changes at the top. Maybe it's not the personnel, maybe it's the infrastructure of the company but there has been something wrong here for a couple of years now. Whether they are too aggressive, whether they have too much faith, whatever the reason - they've stumbled once again with their forward guidance. For a company in this sector to fall on it's face once every 2 years is absolutely disgraceful, IMO.

ejw, it's too bad you got caught in the backdraft with your gtc. hang in there and good luck.

Michael



To: Condo who wrote (922)9/15/2000 10:02:30 AM
From: don pagach  Respond to of 1079
 
Hi Ej and others,

After CNXT's announcement yesterday I went to bed dreaming of good things for the GaAs sector. I only hope that someone is taking a hard look at ANAD's manufacturing ability and thinking that 750M is not a bad price.

Well we can only hope. I was thinking about buying more today but who needs this? From now on 90 day CDs thats it...