Here are a couple of items on MXIM.
<<S&P REITERATES HOLD OPINION ON SHARES OF MAXIM INTEGRATED PRODUCTS
S&P Marketscope -
SNPMarketScopeResearchNotes2007-10-02 09:33:55
S&P REITERATES HOLD OPINION ON SHARES OF MAXIM INTEGRATED PRODUCTSMXIM's common stock is being delisted from the Nasdaq this morning after the SEC denied the company's request to stay the delisting. MXIM has not filed results since late 2006 because of an internal options investigation, but expects to complete restating results by Q1 '08, when it plans to seek re-listing on a national exchange. We expect this news will hurt investor sentiment and add liquidity risk, but think fundamentals are still relatively strong.>>
<<Goldman replaces National Semi with Maxim in buy list
Reuters - October 04, 2007 8:31 AM ET
Oct 4 (Reuters) - Goldman Sachs replaced National Semiconductor Corp (NSM) with Maxim Integrated Products Inc MXIM.PK in its conviction buy list, and said it expects Maxim's earnings growth to substantially accelerate in calendar year 2008. National's distributors are continuing to lower inventories, and appear likely to do so into year-end, which pushes out a key catalyst for the stock, driving its removal from the list, the brokerage said in a note to clients.
Goldman retained its "buy" rating and a $30 price target on National Semiconductor.
The brokerage, which raised Maxim to "buy" from "neutral," said the stock's delisting from Nasdaq, stemming from its stock option backdating investigation, created an attractive entry point.>> |
