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Technology Stocks : Cadence Design Systems
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To: spotter who wrote (246)7/2/1998 8:24:00 AM
From: PMylnar  Read Replies (2) of 668
 
No news that I know of, just P/E compression as institutional investors sell due to CDN new disclosure of revenue recognition over the past 3 qtrs. I expect CDN to rally into the EPS release then fade again. EDA spending lags semiequipment spending by 2-3 qtrs. We are just know seeing that peak.
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