Cadence Design Systems Message Board

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Technology Stocks : Cadence Design Systems

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To: Naveen Kumar who wrote (656)	9/15/2000 8:36:13 AM
From: c. carlson	Read Replies (1) of 668

I don't know the answer to your question, however the chart says that expectations have improved. CDN has built a good base at $20 and now is making a new 52 week high. Also there has been some nice volume on some down days. It has now broken out of the pattern it has been in since April '99, technically speaking. Dow Jones estimates have Y2001 CDN earnings doubling over Y2000. Without any "debacles", the stock could easily double or more. CDN has already migrated to the subscription system, now Synopsis is just making that change. This shows that perhaps they made a good call making that change 1 1/2 years ago. I feel CDN is poised to appreciate compared to the others in this business. All of this IMHO of course. Place your bets and take your chances. Good luck to all.

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