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Technology Stocks : Cadence Design Systems

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To: Naveen Kumar who wrote (629)2/12/2000 10:13:00 PM
From: Carl R.  Read Replies (1) of 668
 
If you buy this company you are betting on two things. First of all you are betting that as the largest player in this field, CDN will eventually be able to get it's act together and become the most profitable. It seems odd that the largest company (actually SNPS had higher sales in Q3, but SNPS probably won't repeat in Q4) can't make money. For what it's worth, SNPS, MNTR, and AVNT are all nicely profitable, so CDN should be, too.

Your other bet is that they will get a big earnings surprise when the litigation with AVNT finally concludes.

Carl
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