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Technology Stocks : Xilinx (XLNX)
XLNX 194.920.0%Feb 14 4:00 PM EST

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To: Charlie Smith who wrote (2086)12/3/1998 11:56:00 AM
From: Lewis M. Carroll  Read Replies (1) of 3291
 
Yikes - 61 1/4 intra-day high so far! About 3 weeks ago I was talking about shorting at 45 - good thing I didn't. So, I've watched a 30% run-up instead and made nothing on it (well, I did make money on another stock I bought instead) but geez - 61?

I wanted to wait for a re-entry point before the end of the year but I don't know where that point is anymore, and I sort of feel that XLNX has gotten ahead of even where I think they should be AFTER FYQ498 earnings!

Summary - I haven't a clue. Don't want to short right now - that's a bit like jumping in front of a speeding train. Too high to buy - doesn't deserve 37 PE, at least not yet - need a couple quarters of top-line growth.

Also shocking ALTR up almost 10% today and even more shocking LSCC up 15%! Aren't they (LSCC) out of business yet?
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