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

To: Sherman Chen who wrote (1989)	10/20/1998 4:30:00 PM
From: uu	Read Replies (2) \| Respond to of 3291

Earnings are out. Blow out numbers! $0.40/shr - beating the estimates by 4 cents (there was $0.3 cents one time loss which still beats the estimates by a penny). See xilinx.com. Conference call is what really matters and I expect that to be very pos itive (hopefully!). From the earnings report: "We are very pleased with our results, especially given the fact that the September quarter is historically a seasonally slower quarter for Xilinx and the programmable logic industry," remarked Wim Roelandts, Xilinx's chief executive officer. Favorable customer acceptance of our new products and strong demand from our North American sales channel drove our sequential revenue growth and PLD market share gains this quarter. From an end market perspective, our networking business grew significantly to 21% of revenues, up from 12% a year ago. Networking customers are clearly purchasing more FPGA products since the speed of these devices has provided a competitive advantage. Mr. Roelandts concluded, This quarter was dependent on a good September bookings month and September orders were strong. With Microsoft beating the estimates by about 7 cents and IBM beating the estimates by 3 cents, the bull market in high techs seems to be fully in place (at least for the immediate short term anyway)! Regards, Addi Jamshidi