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Pastimes : Home on the range where the buffalo roam

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To: mishedlo who wrote (11921)3/26/2001 9:26:44 PM
From: Bocor  Read Replies (1) of 13572
 
I believe XLNX already warned...it's just that the market chose to see that as good news, so we hardly noticed.

SAN JOSE, Calif., March 5 /PRNewswire/ -- Xilinx, Inc. (Nasdaq: XLNX - news) today revised its guidance for the fourth quarter of fiscal 2001.

-- The month of February was weaker than anticipated due to decelerating
bookings and ongoing cancellations from a broad base of customers.
February resales were down versus November.
-- For the first two months of the quarter, North American resales were
down over 20% sequentially. International resales are approximately
flat for the quarter.
-- Inventories at Xilinx are expected to approximate seven months at the
end of the March quarter.
-- As a result, Xilinx expects sequential revenues to decline by as much
as 15% in the March quarter.
-- There will be no conference call in conjunction with this announcement.
Our fourth quarter fiscal 2001 financial results will be released on
April 19th, 2001 after the close of the market. During our earnings
release conference call, we will provide additional guidance for the
June quarter as well as for fiscal 2002.
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