3SOF

ANAD thread ...update here

Bounced off the 50-day MA. MACD bottoming, still positive.
Stochastic rising out of oversold.
Target $9.75 to $12.00

18-May-06 Anadigics initiated with a Buy at Roth Capital- tgt $10.50 saying increasing penetration into broadband puts ANAD on an accelerated path.

Technicals
Close Above the 13-day EMA
Percentage Gainer

Last Price Quote is:
1.49%above 13-day EMA
8.41%above 50-day EMA
RS Rating: 96 

Fundamentals
Key Data:
Market Cap (M): $407.68 
P/E Ratio: NA 
PEG Ratio: -1.37333 
Next Earnings: 07/24/2006
Last Analyst Rating: Sector Perform

Anadigics shares rise on Barron's report...

By Shikhar Balwani

BANGALORE, Aug 28 (Reuters) - Shares of Anadigics Inc. (ANAD.O: Quote, Profile, Research), a maker of components for mobile phones and other devices, rose about 18 percent on Monday, following a report in Barron's newspaper that said the company would turn a profit in the third quarter and the stock could rise in the coming months.

Anadigics' shares have fallen since early May, hurt by a slump in the telecommunications sector, and concerns over a possible glut in a type of chip the company specializes in, Barron's said in its Aug. 28 edition.

"By all expectations, including the company's, Anadigics will turn profitable in the third quarter. Revenues for the full year should be up more than 50 percent from 2005, and costs are falling, Barron's said.


Morgan Keegan analyst Harsh Kumar, in a phone call, said Anadigics has a very strong position at LG Electronics Inc. (066570.KS: Quote, Profile, Research), with LG's Chocolate phone "doing very well in the market place."

LG's new touch-pad slide up phone, named "Chocolate", combines an MP3 player with a mobile. Anadigics supplies power amplifiers to LG for the Chocolate phone.

Kumar, who has an "outperform" rating on the stock, also said he does not see Anadigics being hurt by Texas Instruments Inc.'s (TXN.N: Quote, Profile, Research) LoCosto chip, which is aimed at low cost handsets sold in emerging economies.

At its current valuation, Kumar said in a research note that Anadigics is trading at an attractive multiple relative to the brokerage's 31 cents a share earnings estimate for 2007.

While competitors such as RF Micro Devices Inc. (RFMD.O: Quote, Profile, Research) and Skyworks Solutions Inc. (SWKS.O: Quote, Profile, Research) are constrained by the capacity of their facilities, Anadigics is ramping up production at a fabricating plant it built in 1999, Barron's said.

Anadigics has been cutting down its losses over the last few quarters and posted a loss of $2.8 million, or 6 cents a share, for its second quarter compared with a loss of $9.1 million, or 27 cents a share, in the 2005 second quarter.

Apart from LG, the company also supplies equipment to Samsung Electronics Co. Ltd. (005930.KS: Quote, Profile, Research), Kyocera Corp. (6971.T: Quote, NEWS, Research), Research in Motion Ltd. (RIMM.O: Quote, Profile, Research) (RIM.TO: Quote, Profile, Research), Intel Corp. (INTC.O: Quote, Profile, Research) and Motorola Inc (MOT.N: Quote, Profile, Research).

Looking at the company's cable and broadband segments, Kumar said he sees the relationship with Intel as a strong positive for the longer term. He said the company is an exclusive supplier for wireless LAN power amplifiers to Intel for its Centrino chipset technology.

Shares of Anadigics were up $1.05 at $7.05 in midday trade on the Nasdaq. (Additional reporting by Saumyadeb Chakrabarty) (Reporting by Shikhar Balwani in Bangalore)

Volume: 10,496,178
Avg Vol (3m): 1,425,280

52wk Range: 2.50 - 9.26

Technicals
Record Volume
Close Above the 50-day EMA
Most Actives
Gap Up
Percentage Gainer

Last Price Quote is:
22.20%above 13-day EMA
15.81%above 50-day EMA
RS Rating: 13 

Fundamentals
Key Data:
Market Cap (M): $283.69 
P/E Ratio: NA 
PEG Ratio: -0.983333 
Next Earnings: 10/23/2006
Last Analyst Rating: Buy

Anadigics 3Q Loss Narrows
Tuesday October 24, 5:42 pm ET
Anadigics Narrows Third-Quarter Loss With Higher Sales

WARREN, N.J. (AP) -- Anadigics Inc., which makes parts for cell phones and broadband networking, said Tuesday third-quarter loss narrowed, and the company beat Wall Street expectations.

The company lost $1.3 million, or 3 cents per share, compared with a loss of $6.8 million, or 20 cents per share, a year ago. Excluding stock-based compensation of $2.2 million, the company said it made 2 cents per share. Analysts polled by Thomson Financial expected a gain of 1 cent per share, excluding stock-based compensation expenses.

Revenue jumped 53 percent to $44.8 million from $29.3 million. Analysts expected revenue of $43.6 million.

The company expects break-even earnings during the fourth quarter on revenue between $46.6 million and $48 million. Excluding stock option expenses it expects profit of 5 cents per share. Analysts forecast earnings of 5 cents per share on revenue of $47.1 million.

Shares of Anadigics fell 12 cents to close at $7.69 on the Nasdaq. The stock fell in after-hours trading after the third-quarter results were released, dropping 19 cents, or 2.5 percent, to reach $7.50 on the INET electronic exchange.

could anybody please explain the drop?

cheers
O.

Symmetrical Triangle (continuation) pattern
Finally broke through resistance and closed above it. Interest should start to increase from here and encourage a breakout. 8.25 will look pretty cheap by the end of the year.
Breakout would be nice.......

Support @ $7.98...7.61...7.00
Resistance @ $8.41...8.55...8.72

52wk Range: 3.33 - 9.26
Volume: 1,026,485
Avg Vol (3m): 1,321,100

Technicals :
MACD is Bullish
Close Above the 13-day MA

Last Price Quote is:
3.55%above 13-day MA
8.66%above 50-day MA
RS Rating: 97 

Fundamentals
Key Data:
Market Cap (M): $342.32 
P/E Ratio: NA 
PEG Ratio: -1.38 
Next Earnings: 02/05/2007
Last Analyst Rating: Strong Sell

Breakout..from the pattern.......

52wk Range: 3.33 - 9.26
Volume: 2,091,258
Avg Vol (3m): 1,321,100

Technicals
Close Above the 13-day MA
Percentage Gainer

Last Price Quote is:
11.68%above 13-day MA
17.20%above 50-day MA
RS Rating: 97 

Fundamentals
Key Data:
Market Cap (M): $342.32 
P/E Ratio: NA 
PEG Ratio: -1.38 
Next Earnings: 02/05/2007
Last Analyst Rating: Strong Sell

Continuing higher.  Ascending triangle breakout and Friday move higher on retest of breakout zone.  Gotta love it!  Well, I don't love it too much since I'm not in it but it still looks pretty good! 

ANAD broke the ascending trendline but found support at a horizontal line and the 50ma in a kind of morning spinning top/doji formation.  Could be set to move higher from here...

Here's another thread that can be merged...

ANAD found support at the 38.2% fib retracement level and has moved up on low volume.  MACD and RSI are improving and it's back above the 50ma.

ANAD looks the most interesting for me today.

gaining momentum. looking at 10.35 as resistance to be broken.
In at 10.38 in my paper trade.
Initial stop at 10.28
Timed my entry at the hourly swing.
High: 10.35
Low: 10.07
I may get stopped out due to my low risk tolerance.
I like the Daily chart because of the Bollinger band breakout with big volume
Fresh cross of the MACD,Stochastics, and Histogram.
My concern is the 100,000 block on the red that I saw earlier.

Another school of thought that could be looking at this is stockscores.
Signal:98
Sentiment:63

Good luck long term holders. This may still go up.
I'm out at 10.59 in my paper trade.

Quote from: basonista on December 28, 2006, 08:36:09 AM
ANAD found support at the 38.2% fib retracement level and has moved up on low volume.  MACD and RSI are improving and it's back above the 50ma.

Would have been a nice buy off that fib retracement bounce. 

The trend is still up. 


Anadigics Posts Narrower 4th-Quarter Loss As Sales Jump