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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: Jim Lurgio who wrote (7761)	1/30/1998 10:07:00 AM
From: brian h	Read Replies (1) \| Respond to of 152472

Jim, Yes, A supplier to QCOM. Also, ERICY (huge). ANAD's business may go to TQNT and others. Good luck to all Brian H.

To: Jim Lurgio who wrote (7761)	1/30/1998 10:32:00 AM
From: Greg B.	Respond to of 152472

Jim, The ANADIGICS picture looks like more an issue with their products, and not so much on Asia: Ronald Rosenzweig, President and Chief Executive Officer of ANADIGICS, commented, ''While our operating results for the quarter were disappointing, overall, 1997 was a good year financially for ANADIGICS as the Company posted record sales and earnings. As we enter 1998, however, we are experiencing a substantial reduction in orders and forecasts for orders from our wireless customers, which will result in significantly lower sales in the first quarter and could result in a net loss for the period. This recent information shows a significant reduction in phone build rates on certain products from our customers and suggests that they now have excess inventories of our products. We believe the lower demand is attributable to several factors including, increased competition, a shift in demand to lower costs phones not using ANADIGICS' products, customer delays in the ramp-up of new generation dual-band phones using our new products and, in part, to effects of the Asian financial crisis on the wireless market.''