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Technology Stocks : Xilinx (XLNX) -- Ignore unavailable to you. Want to Upgrade?


To: L.B.Nguyen who wrote (1675)3/19/1998 8:46:00 PM
From: Tom Todd  Read Replies (2) | Respond to of 3291
 
Smells alot like either they or ALTR are about to drop a bomb, or at least someone with alot to sell thinks they might be about to drop a bomb...

The last couple days I have had a nagging feeling that something was gonna happen with one or the other of these two. Almost shorted both on that feeling yesterday, and held back. Will look to buy XLNX if ALTR comes with a pre-announcement and buy ALTR if it is the other way around...

-tt



To: L.B.Nguyen who wrote (1675)3/20/1998 5:42:00 PM
From: Liatris Spicata  Respond to of 3291
 
L.B.-

Wish I knew what was going on- but for one thing Morgan Stanley raised its rating on XLNX today from outperform to strong buy. These geniuses didn't like the stock when it was in the lower 30's, so maybe they are a good contrarian indicator. I think the stock closed today at 40 1/2. FWIW I suspect the stock is not going down much from here- if it goes down 10% or so I'll probably probably buy back the share I sold recently.

GT,

Larry