MXTR ---GRADE:: C+

Pre-Open Alert on MXTR on news of potential take-over bid ...MXTR opened at $11+ and never got past that figure again as the Nasdaq lost over 100 points today,,,but, prospects remain high for MXTR...

Maxtor (MXTR:Nasdaq) was up 39.4% in preopen Island trading after BusinessWeek's "Inside Wall Street" column reported that a rival plans to bid $2.3 billion, or $20 per share, for the data storage provider.