This stock is trading like the company is headed for extinction.Sell off seems way way over done. I'm a buyer here at these prices.Anybody have a good reason for even lower prices?
If their income continues to go south i see more selling in the future.....xlnx marketing department basically....sucksthis should have been a 2 b company years agoif you can get rid of this thing....i say SELLI am stuck. The good news is that in about 257.66 years them huge xlnx dividens will pay for the initial investment
You are looking backwards. Looks to me like the income slide ended about a year ago.Quarterly earnings history:.26, .27, .28, .30, est for Dec '07 .32Estimates for annual:Mar '08 $1.24, Mar '09 $1.49That's 20% growth. At a P/E = growth = 20 then pps = $30$30 is where it started the correction, usually you get above fair value before starting the correction. Anybody see a reason this stock shouldn't go back up to$30 - $35 again within a year? For a 40% - 50% gain.
How can you say that? He has several thousand dollars of his OWN money invested in the company!