nomo... Looks like you sold too early:
UPDATE 1-Xilinx raises quarterly sales guidance
Wed Jan 4, 2006 04:48 PM ET
(Recasts, updates with details, stock price)
SAN FRANCISCO, Jan 4 (Reuters) - Programmable-chip maker Xilinx Inc. (XLNX.O: Quote, Profile, Research) on Wednesday raised its quarterly sales forecast, citing broad-based demand around the world, and its shares rose.
Xilinx, whose chips are found in devices from mobile phones to digital projectors, said sales for its fiscal third quarter ending in December were thought to have risen 11 percent to 12 percent from the previous quarter.
Sales were "driven by broad-based end-market strength and strong sales growth in North America, Asia-Pacific and Europe," the company said in a statement. It gave no further details.
The new forecast would put quarterly sales between $442.8 million to $446.8 million.
It was the second time in less than a month that Xilinx raised its sales forecast.
Last month, the company said sales were expected to rise 4 percent to 8 percent due to strong business in North America and Asia.
Xilinx shares jumped 4 percent to $28 in extended Nasdaq trading, extending a gain of 4.5 percent in regular trading.
(nomo, enjoy reading your posts, and love the humor that creeps in sometimes. Best to you !)
AI
