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Author: NVLLC Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 36  
Subject: XICO Recommendations... Date: 5/8/2000 2:19 PM
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Chase H & Q is reiterating today with a $35 target, and the following was out Thurs. from RGR Financial:

RGR Financial Corp. Sees Earnings Momentum Ahead For XICOR INC.
(XICO)

NEW YORK, May 4 /PRNewswire/ -- The following is being issued by RGR
Financial Corp., a member of the National Association of Securities Dealers,
CRD number: 40898:

RGR Financial Corp. reiterates its STRONG BUY rating on XICO based on
XICO's strong EPS results in its fiscal first quarter ended March 31, 2000.

XICO beat RGR's estimate by announcing a $0.13 quarter, a 30% increase over

RGR's estimate of $0.10. Revenues were in line with estimates coming in at

$32.145 million for the quarter, up 4% sequentially quarter over quarter.

RGR now expects XICO's quarterly sequential revenue growth to become more
of a positive factor for the balance of fiscal 2000 and 2001, respectively.
RGR's investment thesis on XICO takes into account three positive factors; 1)
strong industry trends for semiconductor products, especially in cell phones
and information appliances, 2) XICO's strong gross margin showing for the last
two quarters and 3) new product introductions by XICO.

RGR sees the general outlook for XICO as very favorable and has raised its
Q2 EPS estimate to $0.15 from $0.12 and its year-end target to $0.65 from
$0.62. RGR believes that XICO's strong book-to-bill situation at the close of
the 3/31/00 quarter could advance revenues beyond its estimates for Q2 and Q3.
If that were to occur, RGR sees XICO's EPS performance at a higher level by
year-end compared to its current forecast of $0.65. RGR maintains its
year-end price target of $35 based on its 2001 EPS forecast of $1.15.

Contact: Chet Dubov, Senior V.P. for RGR Financial Corp., 212-350-1400,
Research@RGRFinancial.com.

This information contained herein is based on sources believed to be
reliable, but its accuracy, together with all estimates and forecasts is not
guaranteed and subject to change without notice. This information is not
intended to be a complete record or analysis of the security mentioned, nor is
it intended as an offer or solicitation to sell or buy any security mentioned
herein, nor be a suitable recommendation for all investors. RGR Financial
Corp., and/or their officers, employees, and members of their families may, at
times, have positions in any securities discussed, and may purchase or sell
these securities, from time to time, in the open market. The securities
mentioned may be sold to or bought from customers on a principle basis by this
firm. This research commentary contains certain statements which express the
belief, anticipation or expectation of future events and these statements only
apply prospectively and should be considered only as forward-looking
statements within the meaning and pursuant to the Safe Harbor provisions of
the Securities Litigation Reform Act of 1995 and involve risks and
uncertainties. The Company's actual results may differ significantly from the
results discussed in this research commentary.

SOURCE RGR Financial Corp.
-0- 05/04/2000
/CONTACT: Chet Dubov, Senior V.P. of RGR Financial Corp., 212-350-1400,
Research@RGRFinancial.com/

CO: RGR Financial Corp.; XICO Inc.
ST: New York
IN: FIN
SU: RTG

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