SB, thanks for the heads up.
I followed the link and I ended up at a page that looked outdated.
Did this just happen? I've been paying far more attention to the Flyers than to the markets, so sorry if this is a dumb question.
Just checked Smart Quotes, and it looked like the consensus was for FY'98 1.84 and FY'99 2.40. Then again, that could be outdated.
stocksmart.com
Assuming the numbers from Smart quotes are accurate, are all hit, don't change, etc. looks like 31.4% compounded earnings growth from the 1.39 last FY to 2.40 two years out.
On the flipside, I don't know what the 5-year growth rate is, but I'd be surprised if it was over 25.
It all depends on your frame of reference I guess.
I'm not a technician, but seems like XLNX is getting support at 50 and change and will probably bounce around in a trading range. I'm looking for a good sell entry near the top (wow...talk about a blinding case of the obvious).
But if they're starting to cut estimates, all bets are off.
For the last two years, it looks like July was a good time to be buying XLNX after a "correction". Seems like it has good institutional support (about 75% or more?), so if we get a slide I'd assume there could be some bottom-fishing after the shakey money leaves.
Just don't know.
LET'S GO FLYERS!!!
Tom
(In obvious pain after last night's debacle, but still like the Flyers in 7!) |
