Anadigics

(ANAD)

was down 9.3% in early trading after hitting a 52-week low of $10.50.

The maker of telecommunications circuits warned late Tuesday that it expects a first-quarter loss of 14 cents a share vs. the Street's estimate of 8 cents. For the second quarter, the company expects to lose 25 cents a share, below the Street's estimate of a 6 cent loss.

Anadigics said it expects a recovery by the end of the year.

Credit Suisse First Boston

widened its 2001 loss estimate.