Guys stock #2 on our gattling gun of stock picks has gotten two mild upgrades in 2 days!!!
Anadigics
Briefing.com - March 21, 2007 9:39 AM ET
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Symbol Last Chg
ANAD Trade 12.95 +0.46
Real time quote.
Roth Capital reiterates Buy. Target $14 to $16.5. Roth notes that last week QCOM raised guidance for March quarter reflecting strong growth in both CDMA2000 and WCDMA handsets. They believe this is further indication that 3G handset sales ramp is on track. They note ANAD is a primary supplier of PA's to QCOM's 3G handsets. Santa Rosa platform supports 802.11n Wi-Fi setting the stage for the transition from 802.11abg to 802.11n in notebooks. Firm notes ANAD is currently sole sourced for PAs to Intel and furthermore, 802.11n would require 3-4 PAs when compared to 1 PA for 802.11bg and 2 PAs for 802.11abg. Firm raises their tgt to $16.50 from $14.
stoney to the rescue!
Anadigics
Briefing.com - March 21, 2007 9:39 AM ET
Related Quotes
Symbol Last Chg
ANAD Trade 12.95 +0.46
Real time quote.
Roth Capital reiterates Buy. Target $14 to $16.5. Roth notes that last week QCOM raised guidance for March quarter reflecting strong growth in both CDMA2000 and WCDMA handsets. They believe this is further indication that 3G handset sales ramp is on track. They note ANAD is a primary supplier of PA's to QCOM's 3G handsets. Santa Rosa platform supports 802.11n Wi-Fi setting the stage for the transition from 802.11abg to 802.11n in notebooks. Firm notes ANAD is currently sole sourced for PAs to Intel and furthermore, 802.11n would require 3-4 PAs when compared to 1 PA for 802.11bg and 2 PAs for 802.11abg. Firm raises their tgt to $16.50 from $14.
stoney to the rescue!

