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

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To: Susan S. who wrote (337)10/25/2000 2:40:54 PM
From: Don Lloyd   of 377
 
Susan -

...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....


More likely it was the management comments that strongly implied that its customers are reducing orders in the face of a possible upcoming recession and an inventory buildup.

Regards, Don
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