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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: michael97123 who wrote (47560)	6/4/2001 6:43:13 PM
From: michael97123	Read Replies (2) \| Respond to of 70976

Visibility is back! Monday June 4, 6:37 pm Eastern Time Xilinx reaffirms outlook, stock jumps in after-hours NEW YORK, June 4 (Reuters) - Specialty semiconductor maker Xilinx Inc. (NasdaqNM:XLNX - news) on Monday said its financial outlook for the fourth quarter remains unchanged, a statement that defies the recent slump that has led other chip makers to warn of weaker results. The news, which came in a mid-quarter update, was posted on the company's web site. The company's stock rose 6 percent in after-hours trading on Instinet, where it was the most-active issue. Xilinx said it continues to expect June quarter revenues to decline in the range 15 percent to 25 percent sequentially. Cancellations and order delays have slowed considerably, the company said. Xilinx also said it expects corporate gross margin to be at the low end of the previously stated guidance of 58 percent to 60 percent. International revenues may exceed North American revenues in the June quarter, it said. Shares of Xilinx rose $2.53 in after-hours trading to $44.12, after closing at $41.59 in regular trade on the Nasdaq.