MAXIM Integrated Products Message Board

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Technology Stocks : MAXIM Integrated Products

MXIM 103.14

0.0%

Sep 1 5:00 PM EST

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To: Jim Oravetz who wrote (327)	5/8/2000 3:29:00 PM
From: Edward Torgerson	of 377

That was a nice report! The comment that I found most interesting was that Maxim bucked the downturned market trend. While MXIM shares do occasionally get taken down with the breadth of the market, that is the exception rather than the rule. I often watch the performance of the semiconductor indice on DLJ-Direct during the trading day. Over the past month, (and what a month it was!) MXIM has consistently floated to the top. I think this speaks well of it's status among institutional investors. They may have cut their positions in other tech issues, but are holding their MXIM shares near and dear! Also, Maxim employees hold a tremendous number of shares, but didn't panic during the market downturn. And it didn't hurt that managment jumped in to buy upwards of $40,000,000 of shares near the lowest price dip.

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