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Technology Stocks : Xilinx (XLNX)
XLNX 194.920.0%Feb 14 4:00 PM EST

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To: IngotWeTrust who wrote (1018)4/5/1997 1:44:00 PM
From: Cynic 2005   of 3291
 
Ole 49r, interesting times for tech stocks - networkers account for at least 25% of the biz for Altera and Xilinx. You knwo what happened to 3 Com, Cisco etc etc. Even before the blood bath in networking stock, revenue growth for both Altera and xilinx was flat or puny. Yet, these two stocks trade like there is no competition for any one of them. I guess the 60%+ gross margins can cloud the picture so much. Talk about trading sardines!
-Mohan
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