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Technology Stocks : Anadigics(ANAD) - Is anyone following this Company? -- Ignore unavailable to you. Want to Upgrade?

To: Richard H. who wrote (336)	2/1/1998 8:44:00 AM
From: Robert Scott	Respond to of 1079

I have been following this company and industry for awhile - ever since G. Gilder brought it to my attention. He had posted GA companies as stocks to buy couple of years ago and then about 9 months to 1 year ago pulled them due to the coming of SiGe. The comments in the press release and in the conf call: exchange2000.com suggest he was right. Even with a drop of 60% in 1 day which would usually peak my interest, I would not buy and if I owned, would sell on a bounce if it happens tomorrow or Tues.. The CEO comments are serious indeed. From a value perspective, Book is about $9 share, cash about $3. Next 2 quarters will eat into book and cash. Is this company worth 1X book now considering its business is disappearing to competitors and has a short life left? - Don't think so. For the investors of ANAD, I hope I'm wrong. Not long or short the stock.