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Technology Stocks : MAXIM Integrated Products
MXIM 103.140.0%Sep 1 5:00 PM EST

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To: Howard Bennett who wrote (336)10/25/2000 2:32:29 PM
From: Susan S.  Read Replies (2) of 377
 
What a plunge after earnings!

Despite record revenues and earnings as reported yesterday after the close, this stock has dropped over 20 points today (intraday).

It must be due to the fact MXIM "only" met earnings of 0.29, not exceeded them. Then, in this general tech/chip market breakdown, the analysts can hardly wait to throw in some downgrades from Strong Buy to Buy as they did today.

I hope MXIM is out there buying back their shares while the stock is oversold.

Regards,
Susan
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