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Non-Tech : Invest / LTD

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To: SJS who wrote (13917)9/22/2000 1:04:23 PM
From: SJS  Read Replies (1) of 14427
 
Following my own advice, I just purchased a small nibble of EXAR. They do.....analog and mixed signal IC for comms, imaging, and video products.

They have had a few recent buy recco's this month (Merrill, Chase H&Q) with target ranging from $125 to 160.

Exar Corp (EXAR)
Date Broker Action From To
20-Sep-00 Banc of America Sec Reiterated - Strong Buy
19-Sep-00 Merrill Lynch Initiated - NT Accum/LT Buy
15-Sep-00 Prudential Resumed - Strong Buy
08-Sep-00 Chase H&Q Resumed - Buy
19-Jul-00 Banc of America Sec Reiterated - Strong Buy
19-Jul-00 Robertson Stephens Reiterated - Buy
13-Jul-00 Prudential Reiterated - Strong Buy
12-Jun-00 Banc of America Sec Reiterated - Strong Buy

They have a relatively small float of 13M (compared with some other comm chip companies.

Great earnings and revenue growth (scroll to the bottom of this page: exar.com, and a 2:1 split announced.

Steve
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