SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Xilinx (XLNX)
XLNX 194.920.0%Feb 14 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Skeeter Bug who wrote (2123)12/8/1998 5:33:00 PM
From: Lewis M. Carroll  Read Replies (2) of 3291
 
Skeeter,

Your assumptions are basically wrong...
company specific
1. commodity chip market stays weak causing new competitors to devote more resources to xlnx type markets (ala atml).

It's not that easy to switch from being a DRAM maker to an FPGA maker. Atmel has good technology and bright folks and has been trying for a few years to get into the FPGA market - still they are barely noise. The ONLY viable threat to XLNX is Altera. Everyone else is noise. Someone starting now (or last year) won't even make noise for a few years.

gen'l market
1. pc sell through will underwhelm even the masses. we will have lots of pc inventory corrections - few sales for a couple months.
2. y2k $$$s will be diverted to software remedies making #1 even worse.

Not related. XLNX does virtually no business to PC makers. XLNX business is telecom & datacom. Last I checked, both markets were blowing and going (check LU out). Y2K hardware fixes only ADD strength to the arguments for having in-field updatable hardware - a technology enabled by reprogrammable FPGAs.

Now, that said, I think XLNX is overvalued and wouldn't buy at this price unless I had the patience to hold for years. I am waiting/hoping for <$50 sometime before year-end but will buy at/near earnings time in January. If 99 proves to be another 1991 or 1995 (funny 4 year cycle in this here semi market), throw fundamentals out the door and jump on the train for the ride of your life.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News