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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: ViperChick Secret Agent 006.9 who wrote (8938)	1/20/1999 10:03:00 PM
From: Junkyardawg	of 90042

This may have been posted already... If it has please forgive the dawg :-) RESEARCH ALERT - EVEREN upgrades Xilinx Reuters Story - January 20, 1999 10:28 CHICAGO, Jan 20 (Reuters) - EVEREN Securities said Wednesday it upgraded its intermediate term rating on Xilinx Corp. to outperform from market perform and maintained its long term outperform. -- EVEREN says in report five reasons for upgrade include strong sales, a low level of inventories, strong bookings, "excellent" acceptance of new products and increased earnings estimates. -- Xilinx makes programmable logic devices and other semiconductors. -- Says raises fiscal 1999, which ends in March, estimate to $1.67 from $1.59, fiscal 2000 to $2.32 from $2.00 and fiscal 2001 to $2.86 from $2.50. -- Says Xilinx's third quarter earnings, reported late Tuesday, were much better than expected. -- Xilinx shares were up 9-1/2 at 84-1/2 Wednesday morning on Nasdaq. -- Company late Tuesday also announced a two-for-one stock split. Shares upgraded by several firms, including Prudential, CS First Boston and Merrill Lynch

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