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Strategies & Market Trends : Take the Money and Run -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (13698)8/7/2002 2:03:24 AM
From: Jorj X Mckie  Read Replies (1) | Respond to of 17639
 
MXIM
finance.yahoo.com

MXIM misses earnings and rallies in AH. P&F chart gives absolutely no indication that now is a good time to buy. Actually looks like a better sell at $31. Conventional chart shows some signs of a bounce. I am thinking that $35 is a good upside target before returning to the downtrend.


:05 ET MXIM Maxim Integrated misses by a penny (29.24 +1.14) -- Update --
Reports Q4 net of $0.20 a share, $0.01 worse than the Multex consensus. Revs rose 8.4% sequentially to $280.1 mln (consensus $278.65 mln). MXIM sees Q1 revs up sequentially (consensus $291.1 mln). "We hope, and we see some indications, that the business climate in the coming year is improving so that we can eventually increase our growth consistent with our past performance."


MXIM daily chart with comments.

MXIM P&F Chart
stockcharts.com