You may be right, but I am holding for the buyout....After earnings I was going to sell for 20% profit.....but I am greedy and I think they will be bought eventually....maybe very soon. While you have your reasons for being totally negative on ANAD, I believe that there is enough of a company with capital assets and proprietary information to convince someone buy it out....now with the bull market continuing and so many companies with lots of cash reserves the M&A activities are only going to be increased.
Bubba, the rumor today waswas that AVGO may buy Xilinx. Intel is thinking to buy Xilinx competitor Altera. Both Avgo and NXPI made unexpected jumps in price at around 3:30 pm. Companies buy other companies because those companies are good and will be a synergetic gain if aquired, which ANAD is not. The only reason someone may buy ANAD is to take them out, but ANAD is doing that very well on its own.
That means that ANAD is a high potential target for someone, and other big names are potential buyers....several RF companies haven't been buying, yet.
Regardless, here is quote from today with AVGO looking to buy out more firms....
"I would almost say anyone who hasn't done a deal at this point has either got to be thinking about selling themselves or being acquisitive," Gavin Slader of JMP Securities recently told Bloomberg News.
You are out of touch with reality, my friend. The issue here was you not understanding meaning of the word "own" as used in this context. You still don't get it and I will not spend time helping you with it.
I sold my 50,000 shares at 1.50. I bought at .99. And you have the audacity to judge my intelligence. The only beef I have with ANAD is how you and your boy friend Jessy can continuously invest in a company that dumps all of their revenue into the pockets of there management team and to hell with their work force or the share holders. Please!
Goodbye and have a wonderful afternoon, I am. Even though I have proven beyond a shadow of a doubt that you and your boyfren Jessy are a little daf I can still wish you good tidings. Bye bye
"... the Company is shipping production volumes of its ACA1216 surface mount line amplifier to Global Technology, a leading ODM for CATV equipment ...in support of new DOCSIS 3.1 CATV infrastructure equipment.
" You boys better double down."
Come on Log. You are starting to sound like a pumper now. You didn't follow my advice to sell at least some at 1.40-1.50 (where you actually bought), and I surely am not going to follow your advice to buy at .96. I'm a buyer at .60-.70 and it is much, MUCH more likely to get there than your PIE-IN-THE-SKY $5/sh target to sell.
My comments are mostly for the entertainment of others who have been around for awhile. I'm really afraid your are a lost case. At least you are not a jerk like he-who-shall-not-be-named.
Roger, you still out there?
Save for Cisco, it looks like their extra sale in Q1 came from front-loading the distributor network. Remember the Needham conference and an implied suggestion by Quinn Bolton (sp) about it? Which is why their Q2 guidance is so bad.
Save for news of a buyout, if that is in the cards, I don't think anything meaningful will come out of it. The management, as always, will have great spin how they are turning the company around. All the investors need to do is sit back and wait for inevitable profitability. Zack's predicts it will come in 2017!
(Anadigics) "number of greater-than-10% customers has proliferated from just two a year ago (Samsung and Huawei) and three last quarter (adding Asia-Pacific distributor Alltek Technology Corp) to five now (including Cisco and Asia-Pacific distributor Long Trump Corp)."
In May 2015...we reduced our workforce by approximately 25 employees (that should take them to 125) ...and anticipate recording approximately $0.6 million of restructuring charges during the second quarter of 2015....with a view to achieving annualized savings of approximately $4.5 million.