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Technology Stocks : Xilinx (XLNX)
XLNX 194.920.0%Feb 14 4:00 PM EST
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To: A. A. LaFountain III who wrote (2298)4/27/1999 4:52:00 PM
From: Sherman Chen  Read Replies (2) of 3291
 
Thanks for explaining your rating system. When did you issue the target price of $30 which you are basing the downgrade on? Was it your 12-month target price from several months ago, or is it an updated target price factoring in the most recent earnings announcements? Seems a bit low, considering the growing contribution to earnings of Xilinx's new product lines. TIA
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