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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: Glenn who wrote (6475)	1/9/1999 5:39:00 PM
From: lebo	Read Replies (1) \| Respond to of 90042

Re : XYLN Here are the key points of Kim's presentation from conference as per MSDW report(Strong Buy): -Service provider revenues were about 15% of revenues in 1998, going to a planned 20-25% in 1999. - The company plans to reduce its dependence on OEMs, with a 1999 target for OEMs at 25% of revenues. - Growth guidance is unchanged from last quarter, where the company said it would outpace industry growth. - The company expects to reduce costs across its product line at 7% per quarter going forward. - Upcoming products appear on track. The HRE-X “Layer 3” chips are available to ship 1Q99, for example.