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

To: joe smith who wrote (2091)	12/3/1998 4:23:00 PM
From: Lewis M. Carroll	Read Replies (1) \| Respond to of 3291

I have always traded XLNX but always long. The closest I came to shorting was at 45 a few weeks ago. How close? Actually initiated a trade (using ETRADE) and it got rejected saying they couldn't borrow the stock. How's that for luck? I like Xilinx as a company and would have a crapload of stock if I were a long-term invester, but I have to agree that the fundamentals (as far as we know) just don't support this stock at 61 (or 56+ where it closed today). Unless the Dec. quarter shows 5% or better top-line growth, I think the run-up has gone as high as practical. No way am I going to short though - momentum could still be there. It's sidelines for me until January or <$50 whichever comes first.