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Xilinx (XLNX) revises its Q3 forecast, saying it now sees sales down 9%-12% after previous...

Xilinx (XLNX) revises its Q3 forecast, saying it now sees sales down 9%-12% after previous guidance targeted sales dropping off in a range of 3%-8%. The firm says the tail off in sales is attributable to a decline in its large customer business in its Communications segment. Shares -1.8% premarket.
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Comments (1)
  • maverta
    , contributor
    Comments (329) | Send Message
     
    no surprise here. if you ever want to buy into a sector that is sure to disappoint, buy into the semi sector. these stocks, for the most part, have been dead money for years.
    19 Dec 2011, 08:45 AM Reply Like
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