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Technology Stocks : MAXIM Integrated Products -- Ignore unavailable to you. Want to Upgrade?

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



To: Susan S. who wrote (337)10/25/2000 5:46:06 PM
From: w2j2  Read Replies (1) | Respond to of 377
 
Susan, I agree with Don. Turns orders were down, demand is down. Still a great stock going forward. wj


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