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To: LastShadow who wrote (5069)	1/30/1998 1:49:00 PM
From: TobaccoMan	Respond to of 120523

Off-Topic: Last, I will work for free! But, as they say, "you get what you pay for." (:->> Regards, Tobaccoman

To: LastShadow who wrote (5069)	1/30/1998 2:13:00 PM
From: John J H Kim	Respond to of 120523

I know of an intern who might soon be looking for a job LOL Pleasant weekend.

To: LastShadow who wrote (5069)	1/30/1998 7:38:00 PM
From: Peter O.	Read Replies (1) \| Respond to of 120523

Last, Gallium arsenide integrated circuit maker ANAD dropped 58% today after beating street estimates but warning of decreased orders in next few quarters. Vittesse (VTSS) +3/8 and Triquint (TQNT) -1, the other two major players in this market did not seem to drop in "sympathy." Do you think this drop was overdone and could bounce back up over the next few days? Thanks, Peter Jan 30, 1998 (6:15 PM ET) - The Motley Fool Evening News Gallium arsenide integrated circuit company Anadigics (Nasdaq:ANAD -news) was crushed for a $19 9/16 loss to $14 1/4 after reporting earnings and issuing guidance for the coming year. Q4 EPS of $0.30 beat estimates of $0.27, but the real story is in the forecast for 1998. The company said, "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." Analysts were expecting the company's per-share earnings to be flat sequentially in the first quarter, but this came as an ugly surprise. Goldman Sachs dropped the stock from its "recommended list" and said wireless revenues will fall 50% sequentially. Anadigics cited customer delays in ramping up production of dual-band PCS/cellular phones, a decrease in demand for phones containing Anadigics chips, and the Asian slowdown as causes of the inventory backup that is hurting revenue visibility for the coming year.