Strong indicators, for some reason down over 30% because of an analyst downgrade.

The money manager notes that "technology has always been a core focus for our fund. Smaller technology companies have the opportunity to innovate and unsettle larger incumbents." Among his other tech picks are Anadigics (ANAD), Omniture (OMTR), Synaptics (SYNA), Ansys (ANSS), CyberSource (CYBS), and Atheros Communications (ATHR).

Shares of the big technology companies might have been derailed by economic concerns, says Michael Cahill, a portfolio manager based in New York with Chilton Investment, which oversees $7.8 billion, but the underlying tech trends remain in place. He argues that beaten-down semiconductor stocks like Anadigics (ANAD) probably could double "in a year or two."

Speculative buy for me.

triple play on e-media

Growth potential

BUY

Comeback co of 2007 - incredible appreciation potential

From Barron's 7-16-07:

Hold - Price 13.80 on July 11
by Think Equity Partners
"Our price target, 13, represents 21 times our calendar-year '08 earnings-per-share estimate of 61 cents, in line with our projection for ANAD's '08 revenue growth of 20%. Risks [include]: Weakness in wireless-handset market; inability to win new customers for GSM [global system for mobile communication] products; and weakness in cable-infrastructure and set-top box markets...Anadigics has traditionally had 10%-plus of sales to LG [a global electronics firm]."

dn

Bought this on advice of TV pundit as rookie knee-jerk purcahse...