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Technology Stocks : Maxim (MXIM) - Still looks great.
MXIM 103.140.0%Sep 1 5:00 PM EST

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From: Greg Thornton3/2/1996 12:39:00 PM
   of 23
 
Bill,
First of all let me tell you that I am a Maxim employee, and as such cannot divulge any non-public information, even if I had any (I am not an officer or director, just a "Test Guy").

After this week's tech blood-bath, Maxim is probably significantly undervalued, based on analysts expectations for FY96 and beyond. These expectations are based on CEO Jack Giffords statements to analysts, and he has historically been conservative in providing this information.

Maxim has a track record for continued growth during good times and bad, as evidenced by our 41 quarters of increased revenues. 41 quarters is more than 10 years, for anyone who can't do the math quickly, and spans several peaks and valleys in the semi business. This continued growth is due in large part to the vast number of new product introductions each year. As a matter of fact, just this week Jack told investors at the Robertson Stevens conference that he sees no evidence of a slowdown and that we should continue to be able to grow at a 30% rate.

It will be interesting to see what happens next week with this and other tech stocks.

Greg
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