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Technology Stocks : Xilinx (XLNX)

XLNX 194.92

0.0%

Feb 14 4:00 PM EST

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To: L.B.Nguyen who wrote (2218)	2/4/1999 7:21:00 PM
From: Joe Pirate	of 3291

>>I can't believe the spread between ALTR and XLNX is ~$24. I can't believe you judge ALTR and XLNX based on their share price spread. Everyone I talk to says the same thing, XLNX is ahead of ALTR.... ALTR has more shares outstanding than XLNX and with this in mind, both companies have the same MARKET CAPITALIZATION of approx. 6 BILLION. In the past 1.5 years, XLNX was trailing ALTR by a large factor based on MARKET CAP. Now XLNX has closed the gap (wall street interpretation) and subsequently the share price of XLNX was raised and ALTR lowered to maintain equal market caps since the earnings and growth are basically similar.. So, shorting XLNX because it is 24 points higher than ALTR is a BAD indicator !! Rather, you should be guessing where the market is headed in the next few months. Adios! Ameego! Pirate P.S. I think I know who you really are ? Maybe! hee!

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