diversified chip design

good, strong, analog chip maker...a large holding in this company

yield

"That means Qualcomm (QCOM) is still strong, Texas Instruments (TXN) is a buy and Maxim (MXIM) and Linear (LLTC) work too." ("Tech Tops the China Boost," 5-4-09)

The Sunnyvale, Calif.-based chip maker announced that it's
board approved the buyback of up to $750 million in common stock.

As the company continues to evaluate different capital structure
alternatives it added that it may increase the repurchase amount to
$1.5 billion. The timing of the repurchases depends on market
conditions and the company offered no expiration date.

On October 14th the company reported preliminary first-quarter results
with revenue between $500 million and $502 million. Maxim expects to
earn a profit between 19 cents a share and 22 cents a share. In the
same period last year, revenue was $522.7 million and the company did
not issue any earnings because they were restating their finances.

Cowen and Company has an outperform rating on the stock and issued a
bullish note regarding the huge buyback plan, which represent about 16%
of the total outstanding shares. The analysts commented, "Given the
excessive cash position accumulated over the past two years, we are
encouraged by the company's decision to return shareholder wealth at
the current depressed valuations."

6.5 %

The Sunnyvale, Calif.-based chip maker announced that it’s
board approved the buyback of up to $750 million in common stock.

As the company continues to evaluate different capital structure
alternatives it added that it may increase the repurchase amount to
$1.5 billion. The timing of the repurchases depends on market
conditions and the company offered no expiration date.

On October 14th the company reported preliminary first-quarter results
with revenue between $500 million and $502 million. Maxim expects to
earn a profit between 19 cents a share and 22 cents a share. In the
same period last year, revenue was $522.7 million and the company did
not issue any earnings because they were restating their finances.

Cowen and Company has an outperform rating on the stock and issued a
bullish note regarding the huge buyback plan, which represent about 16%
of the total outstanding shares. The analysts commented, “Given the
excessive cash position accumulated over the past two years, we are
encouraged by the company’s decision to return shareholder wealth at
the current depressed valuations.”

PE of 14 , a PEG ratio of 0.92 , and pays a yield of 5.71%.

Maxim Integrated Products (MXIM) downgraded from neutral to outperform at Credit Suisse and price target reduced to $14 from $23. Analyst believes that MXIM is currently fairly valued and believes MXIM will struggle to gain traction inlight of macro conditions and weakening demand.

The beaten-down shares could surge by more than 40% as the company resumes reporting full financial results, regains a listing on a stock exchange and boosts earnings.

LOSER

Options practices. Poor fundamentals. Potential lawsuits

chip sector