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Technology Stocks : John, Mike & Tom's Wild World of Stocks -- Ignore unavailable to you. Want to Upgrade?

To: wlheatmoon who wrote (1853)9/15/2000 9:28:34 AM
From: wlheatmoon  Read Replies (1) | Respond to of 2850
 
sounds like BS to me. a fire?

Anadigics (ANAD) 29 7/8: -- Update -- Says its largest wireless customer has recently formally notified its suppliers that difficulties with component supply due to a fire at a supplier's factory earlier this year has caused it to reduce production. According to latest 10K filing, Ericsson (ERICY) accounted for 53% of revenues. Other stocks that could be impacted by this news are CY, TXN, TQNT, RFMD, AHAA, MOT.... ANAD has fallen to $22 in pre-market.
08:26 ET Anadigics (ANAD) 29 7/8: Warns of a sequential revenue shortfall of 30%-35% from Q3 revenue target, which company expects to result in a substantial reduction in Q4 earnings.



To: wlheatmoon who wrote (1853)9/15/2000 3:46:43 PM
From: John Pitera  Read Replies (2) | Respond to of 2850
 
I was going to post that same item from B.Com on who
may be affected by ANAD's problems...... interesting to
see QCOM trying to come out of the other end of their
year of discontent.

The China comments that QCOM's CDMA would be used for
the next generation of phones there was noteworthy earlier
this week.


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