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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?


To: Ibexx who wrote (114037)10/17/2000 5:15:12 PM
From: Ibexx  Read Replies (1) | Respond to of 186894
 
Xilink beats estimates - ANALists expected an earnings shortfall and took the stock down 6+ today. Simply insane.

"
Tuesday, October 17, 2000

Xilinx beats Street
--5:07 pm - By Barbara C. Costanza
Xilinx Inc. (XLNX: news, msgs) posted second-quarter earnings of $114 million, or 32 cents a share, on revenue of $437.4 million, compared with $56 million, or 16 cents a share, on sales of $238 million, in the year-ago period. Analysts expected a profit of 30 cents a share.


Ibexx



To: Ibexx who wrote (114037)10/17/2000 5:30:54 PM
From: James C. Mc Gowan  Respond to of 186894
 
RE: John Joseph/INTC downgrade yesterday.
I called my SSB broker yesterday PM to discuss the INTC downgrade and reduction by one cent of EPS estimate.
Also, that I was aware SSB was buying heavily in yesterday's trading, after the downgrade came out pre-market.
There was a pause, and he giggled, and said, "now you don't think a good firm like this would do a thing like that, do you." Then he laughed, said someone came in, couldn't talk about this anymore.
I had also questioned the QCOM statement to Briefing.com that they posted yesterday re: 'head scratching' about why Hong Kong China Unicom rather than mainland Unicom was rolling out the CDMA network. Just some quick FUD to help the high call option situation, I suggested. More giggles.
I need to close this account.
James