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Technology Stocks : Exar: any opinions
EXAR 12.990.0%Jul 14 5:00 PM EST

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To: insightful investor who wrote (73)2/28/1997 2:29:00 PM
From: Chris   of 118
 
$40 seems way too aggressive to me. I assume the unique products he refers to are mixed signal products. The future in semiconductor is definitely "systems solutions". Exar's future seems to be geared toward that arena. Also, demand for mixed signal devices are definitely expected to grow the fastest later this year and definitely in 1998. I think mixed signal growth will be the fastest segment of the semiconductor market because most communication applications will begin requiring mixed signal capability, as will a variety of consumer semiconductor applications. Bottom line, $40 is not likely in 6 months but I like the team in place and the technology they are starting with. Long term patience will probably pay off with these guys.
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