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

To: Caxton Rhodes who wrote (7783)	1/30/1998 4:55:00 PM
From: JMD	Read Replies (2) \| Respond to of 152472

Caxton, while you and JLF are busy counting the mountains of gold coming from the Q's IPR's, let me beat the Anadigics horse one more time. BTW, check ANAD's stock today--the poor s.o.b.'s just got killed: 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. Surfer Mike still wants to know if these dudes are suppliers to the Q (which they were or are), why this isn't scary news. SM