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Strategies & Market Trends : Position Trading Forum

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To: Tim Luke who wrote (1171)	9/9/1998 4:03:00 AM
From: Sherman Chen	Read Replies (1) of 7247

Tim, have you ever traded XLNX? I've been trading it for a couple of years with pretty good results. It was way oversold the last couple of weeks and has started coming back strong. It is also very volatile and has bounced between the thirties and forties (and occasionally the fifties) a lot over the past two years. Fundamentally it is a good company, but it keeps getting hit unfairly due to things like the Asian flu (even though it has relatively little sales to Asia), and the periodic slowdown in the PC business (even though its chips are not used in PCs). Flat earnings for the last few quarters hasn't helped either.

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