Andrew

(ANDW)

was down 6.3% in midmorning after hitting a 52-week low of $14.13. The telecommunications-equipment maker cut its second-quarter sales and earnings estimates, citing the slowdown in technology spending.

Andrew now expects earnings of 8 cents to 12 cents per share, down from its earlier estimate of 21 cents. The company said it expects third- and fourth-quarter results to be up over year-earlier figures.