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Strategies & Market Trends : Experienced Investors
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To: Saulamanca who wrote (77)10/10/2005 9:10:57 AM
From: Saulamanca   of 90
 
XLNX Xilinx cuts forecast (27.12 )

Co issues downside guidance for Q2 (Sep), sees revs down 1-2% sequentially, below prior guidance of flat to up 4%, vs. $415.53 mln Reuters Estimates consensus. "Turns business during the month of September was less than forecast. Sales from companies with manufacturing operations in Asia Pacific decreased double digits sequentially. Sales of mainstream products were also lower than expected. Sales from 90nm products are still expected to be approximately 10% of total revenues. Gross margin is expected to be in line with prior guidance of 61% to 62%".
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