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Technology Stocks : Xylan
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To: john d who wrote (2861)10/15/1998 1:54:00 PM
From: sam  Read Replies (1) of 4135
 
"Xylan is no longer on the hook for 10% sequential growth Q to Q."

I'm not so sure many on the street thought 10% sequential growth Q to Q was likely. In fact, judging from last quarter's stock price drop I'd say many on the Street thought that growth would be minimal going forward due to slowdown w/r/t ala and ibm. That Xyln confirmed growth above 4 to 5% Q to Q (and is doing so well selling dir) I think eased a lot of uncertainty. The real movement in the stock price has yet to come. JMHO
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