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

To: WTSherman who wrote (2613)	1/17/2001 10:01:09 PM
From: Jim Oravetz	Read Replies (1) \| Respond to of 2882

For sure the gain from today and some more will be clipped off tomorrow. The 4% reduction in revenue from the last Q in as of itself is not too bad, however the earning hit of 0.50 vs. 0.58 (expected) will hurt. ... We believe it is realistic to assume that fiscal 2001 revenues could grow approximately 20 to 25%, after growing nearly 80% last year, with pro forma earnings per share increasing about 30% above last year to approximately $2.00. "We continue to believe," concluded Mr. Fishman, "that high-performance analog and DSP are the right technologies for this decade. Our product and market positions are the strongest in our history and we are well prepared to resume strong sales and earnings growth as our markets recover, which we believe will be later this year." Analog Devices will host a conference call Thursday, January 18 at 9:00 a.m. Eastern time to answer questions regarding its updated outlook. Investors who wish to listen in can dial 312-470-7114 10 to 20 minutes before the call begins and provide the password "Analog" when asked. A replay of the conference call will be available for one week either by dialing 402-998-1728 or by going to www.analog.com and clicking on "Investor Relations" and then "Audio Archives." Analog Devices plans to announce the results for the first quarter of fiscal 2001 on February 15 following market close, with a conference call to follow at 4:30 p.m. Eastern time that same day. Jim