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Technology Stocks : Cadence Design Systems
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To: linda k who wrote (90)7/23/1997 9:21:00 PM
From: arnie h   of 668
 
Quite a good response. Opened a gap and closed above the previous closing high. Margins were excellent and the balance sheet looks good. Let's not forget that the Robby Stephens analyst almost hit the figure on the nose on her July 7 update ($.40 vs. $.41 actual). She's predicting $1.75 for the year. This could move the price into the 50's
assuming the broader market doesn't come undone.
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