Wednesday, January 05, 2005
XLNX lowered guidance for December quarter, that's the second time they have lowered guidance for Decemeber. I been wary of semis and this continues to support my view of weak end markets. For one thing XLNX's prior December guidance was little bit better than ALTR, so I do not expect ALTR to lower guidance. The inventory build at the semis will continue to be of concern for Q1 and beyond which is what I have been saying for a while. This also makes me little concern about wireless equipment providers like ERICY, NT and LU where most of the weakness is coming from for XLNX.