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Technology Stocks : Xilinx (XLNX)
XLNX 194.920.0%Feb 14 4:00 PM EST
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To: Miles who wrote (2435)12/3/1999 3:19:00 PM
From: Miles  Read Replies (1) of 3291
 
here is the reason for the sell off

13:49 ET Xilinx (XLNX) 89 7/16 -5 3/16: Stock taking a hit from BancBoston Robertson Stephens' analyst Dan Niles' cautious comments regarding near-term, as March quarter sequential growth may not be as good as expected, long-term he likes the stock, issue trades at a high multiple relative to peer group, he prefers Lattice Semi (LSCC 49 11/16 +1), sell-off seems to be an overreaction
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