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

To: slacker711 who wrote (2622)	1/18/2001 3:44:41 PM
From: Bosco	Respond to of 2882

Hi Slacker - I did not listen to the CC. So, I ve no answer to your question. That said, it is a bullish signal when a stock reverses its lost fortune in face of bad news. Also, $2.00 doesn't sound too bad. A forward p/e of 30. This doesn't even account for its foray into the optical component biz. You are right though, the company can use some investment in its information system, maybe some sort of a supply chain with its customer's ECM. If it is a honest mistake, and if the prospect is bright, there is a good chance the analysts might look past it, even though they still slap ADI's waist proverbially. More, I wonder how many of them have already anticipated the hiccup best, Bosco