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Non-Tech : EARNINGS REPORTING - surprises, misses & more
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To: 2MAR$ who wrote (191)7/24/2000 3:01:36 AM
From: 2MAR$  Read Replies (1) of 762
 
7/20 XLNX Xilinx falls after Q1 report
--9:46 am - By Tomi Kilgore
Xilinx (XLNX: news, msgs) is sliding 9 1/16, or 10 percent, to 78. The chip equipment maker said late Thursday that it earned 27 cents a share in its fiscal first quarter, compared with the consensus analyst estimate of 25 cents compiled by First Call. However, WR Hambrecht analyst Jim Liang, Ph.D. downgraded the stock to a “buy” from a “strong buy,” based on the “relatively high valuation.” Liang noted that the stock was up about 30 percent since he upgraded it to “strong buy” in April.
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