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

To: Sherman Chen who wrote (2049)	10/26/1998 4:55:00 PM
From: Scott Violette	Read Replies (2) \| Respond to of 3291

sherman, Today's announcement is fundamentally strong long term however, I view it as the constant communication that the PR firm is hired to do. With earnings announcement made and future statements dialed into price, I currently do not see the momentum to bust through 48-50. I have been wrong many times and time will tell if XLNX can cut through this barrier by the time my options expire. which is all that really matters. Bears will continue to push on the fact that there has been no substantial growth in 6-8 quarters. Bulls will continue to talk about XLNX's bright future and robust profit margins. XLNX or some reputable source would have to make an annnouncement that growth is higher than anticipated to break the deadlock. All my positions are always under review should something substantial change. I see the recent fed rate cut driving money back into tech stocks.