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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?


To: The Ox who wrote (2850)4/19/2002 10:27:52 AM
From: The Ox  Respond to of 95427
 
Prudential comments on Xilinx 'blowout' quarter
--9:14am - By Greg Morcroft
Xilinx "blew out its March quarter", according to a Friday research note from Prudential analyst Hans Mosesman. Thursday Xilinx reported fourth-quarter earnings of $43.4 million, or 12 cents a share, compared with the year-ago profit of $65.7 million, or 19 cents a share. According to First Call, analysts expected a profit of 9 cents a share. Revenue totaled $273 million, compared with the year-ago total of $407 million. "Advanced products were up an awesome 49 percent sequentially and continues to help Xilinx gain market share resulting in increased revenues going forward," the analyst said. He raised his price target on the shares to $57 from $52.