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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 683.47+0.6%Nov 28 4:00 PM EST
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To: Clint E. who wrote (33653)8/20/2001 10:24:02 AM
From: Suresh  Read Replies (1) of 68400
 
Hi Clint,

this is a fun report... (reposted from MXIM thread)

9:23AM Maxim Integrated (MXIM) 48.90: Merrill Lynch reiterates intermediate/long term BUY rating after company reports earnings and warns of lower than expected revenues; brokerage believes that Maxim management is being deliberately conservative; company is seeing its backlog stabilize as had been expected; cost control, especially with regard to Dallas Semiconductor, has been remarkable.

Now ML is trying to defend it's position. I don't know the level to which analysts will stoop to justify their position.

Later,

Suresh
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