Hoefer & Arnett Downgrades Rating on Maxtor (MXO) From Buy to Hold

Hoefer & Arnett Downgrades Rating on Maxtor (MXO) From Buy to
Hold 


SAN FRANCISCO, April 22  /PRNewswire/ -- Hoefer and Arnett, technology analyst,
Mark Miller has downgraded Maxtor from a buy to a hold. Aggressive OEM pricing
coupled with seasonal factors and start-up costs for the Chinese manufacturing
operations and MMC will serve to limit Maxtor's results over the next two
quarters.

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