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Conference nyoss1::market_investing

Title:	Market Investing

Moderator:	2155::michaud

Created:	Thu Jan 23 1992
Last Modified:	Thu Jun 05 1997
Last Successful Update:	Fri Jun 06 1997
Number of topics:	1060
Total number of notes:	10477

806.0. "Need info on Xylogics" by ANGLIN::PICKETT () Sun Dec 11 1994 23:39

    I am interested in a company known as Xylogics (XLGX) that is traded on
    NASDAQ.  The stock is trading close to its 52 week high (20+), and has
    risen from 6 in the past year (split adjusted).
    
    Exactly what does the company do...is it another CISCO Systems...and
    should I be buying shares?
    
    Thanks,
    Doug

T.R	Title	User	Personal Name	Date	Lines
806.1	Will it top off soon?	MR2MI1::BMORRISON		`Mon Dec 19 1994 20:19`	15
	I bought Xylogics on November 11th and paid $33. It has since split and is now about $20 per share. It is based in Burlington Mass and provides products to Cabletron and others. I have a article in my car that I just received showing their end of year results which were impressive. They are using the DEC way of getting a lot of their products to their customers (through VARS). They explained that they are fearful that they do not know what their VARS are holding for inventory and are worried that the upsurge in their product was to stock the VAR inventories. I would argue their fearfullness, as most VARS and distributors do NOT like to carry too much inventory. The company looks solid today in my estimation.
806.2	Thanks for the feedback!	ANGLIN::PICKETT		`Tue Dec 27 1994 15:53`	4
	Thanks for the feedback...I may add their shares to my portfolio. Regards, Doug
806.3	Up and away	MR2MI1::BMORRISON		`Wed Dec 28 1994 12:18`	7
	FYI... The stock is really moving. If it continues the way its going, I will double my investment in less than 2 months. It's acting like Cabletron did a couple of years ago. I made a bundle on that one too.
806.4	Sell Cabletron?	ANGLIN::PICKETT		`Fri Dec 30 1994 18:04`	4
	Is Cabletron still a good stock to hold? Or should I sell it and buy XYLOGICS? Thanks...
806.5	Accumulate or cut loss?	MIMS::BEKELE_D	When indoubt THINK!	`Wed Jan 04 1995 16:49`	3
	XLGX is down by 10+% in just over a week (from $26+ to $22+).
806.6	UPS and DOWNS	MR2MI1::BMORRISON		`Fri Apr 28 1995 14:02`	10
	I got out at 25. I guess I was getting too greedy. Looks like I timed one right. I bought Altera at 50. It's now at about 80. I might get out of this one too before I get greedy again. I should have stuck with my IBM stock when I bought it at 52 last year and sold it at 69. All in the life of a trader.