XLNX and semis

Discussion in 'Stocks' started by invaliduser, Dec 8, 2005.

  1. Since October the semis have reported very weak numbers and it continues. Have these stocks seen their glory days or will they be posting 20 to 30% revenue growth again next year? Here is the good news from XLNX>

    Xilinx said sales for its fiscal third quarter are expected to rise between 4 and 8 percent from the prior quarter. It had previously forecast an increase of 1 to 5 percent.

    The revised outlook, issued after the stock market's close, pushed Xilinx shares up 2.5 percent to $27.15 in after-hours trading. The stock fell 1.85 percent to $26.48 in regular Nasdaq trading.

    The company had been expected to post revenue of just over $412 million in the third quarter, up about 3 percent from $398.9 million in the second quarter.
  2. ron2368


    Market dealt with the gap up on the fantastic news.