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Technology Stocks : Anadigics(ANAD) - Is anyone following this Company? -- Ignore unavailable to you. Want to Upgrade?

To: The Ox who wrote (939)	9/15/2000 1:10:24 PM
From: All Mtn Ski	Respond to of 1079

ANAD is the weakest player with the weakest management in the GaAs arena. I think I'll take a tax-loss. TT

To: The Ox who wrote (939)	9/15/2000 2:58:57 PM
From: Condo	Read Replies (1) \| Respond to of 1079

Thank you for taking the time to post that extensive summary of the ANAD CC. Appreciate your comments too. I'm giving ANAD management until the end of this year to get things running smoothly. The agreement with Richardson Electronics, the opening of new design centers and the emphasis on non-ERICY Europe (under Dr. Ali Khatz..?) are all intended to reach new customers and to take advantage of ANAD's manufacturing muscle. We'll see. - ej

To: The Ox who wrote (939)	9/16/2000 11:14:35 AM
From: Mao II	Read Replies (1) \| Respond to of 1079

Both ANAD and ERICY reported results on 7/21. At the time, ERICY reported problems from a fire this way: "A key component supplier was unable to fulfil commitments to supply critical components. A fire damaged a factory and severely reduced the supplier's capacity, negatively affecting Ericsson's sales and income. The impact on income before taxes from this event in the first half of the year is approximately SEK -1b. and for the full year the corresponding impact is estimated to be SEK -3 to -4b. Overall, the impact of component shortages will be SEK -1.5b in the first half and SEK -2.5 to -3.5b in the second half of this year." biz.yahoo.com (The fire occurred at PHG's Albuquerque facility in mid-March, shutting it down for about six weeks.) ANAD also reported on 7/21, saying in part: "We believe that our number one customer's first half inventory corrections of GSM phones and issues related to component shortages will result in a mix shift of our product revenues in the second half. The expansion of broadband sales is expected to offset the shift in revenue and earnings." biz.yahoo.com CNET, reporting 7/21 on ERICY's second quarter, said that PHG did not reveal extent of it's problems until July 18: "Ericsson, based here[Stockholm], suffered from a shortage of parts from Philips Electronics, its main supplier, analysts said. Philips said Tuesday [7/18]a fire at an Albuquerque, N.M., semiconductor plant halted production for six weeks in the second quarter, hurting its own phone production and supplies to others. news.cnet.com People can draw their own conclusions, but this information has been available publicly now for almost two months. M2