$6.06

-2.81 (-31.68%)

7/23/2008 4:00 PM

ANADIGICS, Inc. (ANAD)

CAPS Rating:

The Company is a provider of semiconductor solutions in the growing broadband wireless and wireline communications markets.

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What the Community Thinks

Total Members

347 Outperforms

18 Underperforms

All-Stars

84 Outperforms

4 Underperforms

Wall Street

6 Outperforms

1 Underperforms

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Ticker Tags

Small Cap (1922), Micro Cap (4824), Semiconductor - Integrated Circuits (78)
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ANADIGICS, Inc. At A Glance

Current Price:	$6.06
Last Trade Time:	7/23/2008 4:00 PM
Open:	$6.50
Previous Close:	$8.87
Daily Range:	$6.02 - $6.79
52-Week Range:	$5.85 - $19.53
Volume:	20,399,689
Market Cap:	$555.06M
P/E Ratio:	32.85
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Stock Trends

ANAD VS S&P 500 (SPY)

News & Discussion Boards

Other News Headlines for ANAD

Earnings roundup: Anadigics, WellPoint
7/23/2008 6:30:00 PM - AP
Anadigics down after 2Q beats but outlook misses
7/23/2008 3:11:00 PM - AP
Analyst says Intersil causing Intel chip delays
5/27/2008 10:46:00 AM - AP
Market Spotlight: WiMax and chip makers
5/20/2008 3:41:00 PM - AP

More Headlines...

Top Bull Pitch

Recs

3 ANADIGICS, Inc. (ANAD)

Avatar carlosgg (80.27) Submitted: 3/19/08 10:10 PM

Anadigics makes Gallium Arsenide (GaAs) IC's in four markets: cell phones (LG and Samsung are two of their biggest customers), WLAN/WiMax (Intel, Linksys, Netgear), Cable TV set-top boxes(tuners for Motorola and Cisco), and the CATV infrastructure market(Tellabs, Alcatel, Motorola). A lot or most of...More

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Anadigics makes Gallium Arsenide (GaAs) IC's in four markets: cell phones (LG and Samsung are two of their biggest customers), WLAN/WiMax (Intel, Linksys, Netgear), Cable TV set-top boxes(tuners for Motorola and Cisco), and the CATV infrastructure market(Tellabs, Alcatel, Motorola). A lot or most of their IC's are power amplifiers so they compete with the likes of RFMD, Skyworks, and Triquent. Anadigics is significantly smaller than any of those companies, with 2007 sales of $250 million.

They have been growing their gross margins steadily over the last 3 years: 20.92%, 30.18%, and 34.17% in 2005, 2006, and 2007. Their goal is to get to 40%. This progress coupled with a sales increase has finally showed up in the bottom line, which in 2007 showed a profit after losses in 2004-2006. The most conservative estimate accorcing to Yahoo has them earning $0.47 in 2008, which would give them a P/E of 13 at the market close of 3/19/08 ($6.12). The 5-year future growth rate is pegged at 30%. The company has lost 2/3 of its market cap because the EPS guidance for Q108 came in a bit (1 cent I think) below expectations due to an unexpected shift in the product mix (unexpected soft demand in higher-GM CATV IC's) and a small investment in personnel they made to better meet demand during fiscal 2008. On top of that, the market has turned very sour on the entire semiconductor industry in the last 3 months. For once I think they are a value play. Also, on 3/19/08 Sony-Ericsson warned about soft demand in handsets so all stocks associated with those markets took a dive, including ANAD.

Anadigics seems to expect high growth on all 4 markets they pursue. In handset PA's, 3G and 3.5G phones require between 2 and 4 PA's, as opposed to previous-gen phones which required just the one PA per phone. ABI Research estimates TAM for handsets PA's in the upcoming years at between $3 and $5 billions. Anadigics had $250 million in revenues in 2007. Do the math.

They have about 30% of the market cap backed by cash net of debt.

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Recs 1 (ANAD) MCHarris83 (< 20) Submitted: 7/23/08 1:44 PM : Start Price: $6.19 ANAD Score: -2.08 This company has been a little shaky for the past year, but in the all around, it’s a pretty solid performer. With it being just a bit above it’s 52 week low after announcing lowered guidance for 3Q, this is a perfect time to buy. They are a great company with a lot backing them up and a 30% drop is uncalled for for such a slight lowering of the 3Q guidance. I believe this will rebound between $7.00 and $8.00 within a couple of weeks at the most. Report this Post Replies: 0 \| Reply \| Permalink Oops! There appears to be a problem with your comment. Check to see if there's something you left out. Recs 0 (ANAD) joe34smoe (32.92) Submitted: 7/23/08 12:04 PM : Start Price: $6.24 ANAD Score: -2.92 The I Phone might hurt small margins on their headsets, but I still see them outperforming over the next couple of years. Report this Post Replies: 0 \| Reply \| Permalink Oops! There appears to be a problem with your comment. Check to see if there's something you left out. Recs 0 (ANAD) PIcolano (81.95) Submitted: 7/23/08 10:40 AM : Start Price: $6.33 ANAD Score: -3.72 Oversold based on lowered expectations for the near future. The company is expanding in China to meet growing demand, which leads me to believe it's a short term issue, and should reverse itself relatively soon. Report this Post Replies: 0 \| Reply \| Permalink Oops! There appears to be a problem with your comment. Check to see if there's something you left out. Recs 0 (ANAD) foolasia (< 20) Submitted: 7/08/08 9:57 PM : Start Price: $9.33 ANAD Score: -35.61 GY Report this Post Replies: 0 \| Reply \| Permalink Oops! There appears to be a problem with your comment. Check to see if there's something you left out. Recs 0 (ANAD) ScreenerStiz (32.89) Submitted: 6/26/08 1:54 PM : Start Price: $9.52 ANAD Score: -35.51 I simply used the screener to find all of the 5 star stocks with the greatest 52-week losses. 5 stars should make them good picks and the high 52-week loss should make them cheap. We’ll see how it works! Report this Post Replies: 0 \| Reply \| Permalink Oops! There appears to be a problem with your comment. Check to see if there's something you left out.
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Wall Street

Results 1 - 7 of 7

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Top Pick	Member Name	Member Rating	Start Date	Call	Time Frame	Start Price	Stock Gain	S&P Gain	Score	Pitch
	TrackDADavidson	78.59	04/01/08		NS	$6.90	-12.17%	-5.48%	-6.70
	TrackTobinSmith	< 20	09/28/07		1Y	$18.08	-66.48%	-15.97%	-50.51
	TrackJimCramer	81.15	07/26/07		3W	$15.20	-60.13%	-13.38%	-46.75
	TrackNeedham	< 20	07/25/07		NS	$14.94	-59.44%	-15.82%	-43.62
	TrackRothCapital	64.40	02/13/07		NS	$11.36	-46.65%	-10.82%	-35.83
	TrackMatrix	93.96	09/14/06		NS	$8.40	-27.86%	-2.84%	+25.02
	TrackMontgomery	None	08/22/06		NS	$5.80	+4.48%	-1.37%	+5.85

Results 1 - 7 of 7

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