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Technology Stocks : Xilinx (XLNX)

XLNX 194.92

0.0%

Feb 14 4:00 PM EST

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To: Thomas G. Busillo who wrote (1591)	12/4/1997 2:12:00 PM
From: Lucinos	Read Replies (3) of 3291

Hi Tomas, The reason for the big fluctuation was explained by David Wu (Analyst at ABN AMRO Chicago Corp) in the DOW JONE news at 11:07 on 12/2. He said the reason for XLNX's Monday rally was because XLNX's officials reported that they had a health NOV month. On the same day, in tandem, Altr also went up on Monday without any news released. David and several analysts were all suprised by the Stock pirce movement of ALTR and called ALTR in the afternoon on Monday, but was told by ALTR a different story. ALTR said "unless there will be a major recovery in DEC, the 4th quarter of ALTR will be flat". So, they all decreased the earning estimation for ALTR immediately, and thus caused the big down slide of ALTR on Tuesday (and unfortunately XLNX). I agree with you it is fishy. However, no wrong-doing will be investigated probably (as always). P. Luciano

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