SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Xilinx (XLNX)
XLNX 194.920.0%Feb 14 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Roger Smith who wrote (1331)7/17/1997 10:05:00 PM
From: Charlie Smith   of 3291
 
Roger:

I was on the call. Co. attributed sales shortfall in Q to delayed orders by several large distribution customers, Japan sales weaker than expected and inability to get enough packages for 4000 series. Total was $6mm shortfall. Only Japan appears to be a non-timing issue. Bookings slow in May and June after a big April. No reading on July yet either way. Roelandts expects low single digit sequential sales growth for the Sept Q, and 25% for the year. Gross margins should be in the 60 to 62 percent range for the rest of the year, and SG&A should decline as a % of revs as well, depending on how much they have to spend to fight ALTR on patents. Inventory days came in at 77, at the low end of the expected range, which was encouraging. Roelandts said second half of the fiscal year (as usual) will pull their chesnuts out of the fire, and not to look for any real strength until September due to vacations in Europe. He also attributed ALTR's faster sales growth in the Q to product cycle timing. ALTR had a slew of new products last year, XLNX will benefit vis a vis ALTR in the second half of this year because their new products will ramp up at the same time ALTR's are peaking out. Overall impressions were that most analysts are concerned about timing issues on sales shortfall and some skepticism is developing about overall sales growth rate within FPGA/CPLD industry.

Regards
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News