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Strategies & Market Trends : Guidance and Visibility

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Jan 9 9:30 AM EST

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To: Teri Garner who wrote (14348)	9/6/2001 11:11:15 AM
From: 2MAR$	Read Replies (1) of 208838

J Xilinx CFO Says U.S. Turns Business Has Improved >XLNX By Donna Fuscaldo Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Xilinx Inc. (XLNX) Chief Financial Officer Kris Chellam said Thursday that turns business in the U.S. is picking up and staying up in its current second quarter, but that the industry still is working through excess inventory. Turns are orders placed and shipped in the same quarter. According to Chellam, the communications market is where the weakness is, although there are some signs of light on the enterprise side. He said that business in Europe and Japan remains weak. During a presentation at the Salomon Smith Barney technology conference here, Chellam said Xilinx doesn't have "great visibility" as to the amount of inventory electronic manufacturing services companies are sitting on. His sense is that customers are ordering the parts they need and that there doesn't appear to be any inventory building. The company plans to give a midquarter update Monday. -By Donna Fuscaldo, Dow Jones Newswires; 201-938-5253; donna.fuscaldo@dowjones.com (END) DOW JONES NEWS 09-06-01 11:08 AM * end of story *

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