In one sense, it is boring. However, which means there is no BS messages.
Xilinx is a leader in its field. Altera is a close second. Xilinx is also part of QQQQ, the NASDAQ index. Does this explain the good pop we saw today?
All telecom and networking companies need Xilinx and Altera programmable chips to design in new products. The question is " Are we entering a new cycle of design for the next generation of products?".
I hope Xilinx will start moving up again. This time I plan to sell half of my 2000 shares at 27 or 28 and hold on to the rest as long term. I believe the stock will continue to move up - three steps forward and 2 steps back. Maybe I can buy back. But I do not want to ride this to 28 and come back to 23 again.