% | $
Quotes you view appear here for quick access.

Xilinx Inc. Message Board

  • domv52 domv52 Jun 26, 2002 4:57 PM Flag

    UP $2.00

    Can someone explain, this stock gets downgraded and its up $2.00 on the day. Looking to get in , any comments...why I should or not...Thanks

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Well maybe because the guy who downgraded still gave a near term price of $29. Just maybe. Prudential has a large stake in Xilinx

    • ANALysts down/up grades don't carry much water nowadays. And for a good reason. They have a build conflict of interest, assuming that public interest is even among them....

      FPGA market will continue to grow in the upcoming years. And XLNX is a healthy company and leader in the field, so the revenue and earnings will grow. The stock price will follow or precede... even as it is It is impossible to time a bottom other than with luck.

    • I shorted this pig at $39, $42, $46 coverd at $24.9 i think this stock will trade at $12 next year! however, i bought 2000 shares at $23.4 for the short term bounce ($29-$32)... this market is doom and i should have not done it but i always tend to buy where i cover my shorts!! i am going to sell soon and re-enter a short position.

53.35+0.13(+0.24%)Sep 28 4:00 PMEDT