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Technology Stocks : Cadence Design Systems
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To: kendall harmon who wrote (464)7/25/1999 5:05:00 PM
From: Alfredo Nova  Read Replies (1) of 668
 
To all:
I think CDN is very undervalued simply because it lost 60% of its value by simply announcing flat revenues and eps.
Today I cannot access Merrill Lynch website. They liked the company though.
Analyst Desai from First Boston wrote very informative reports which are positive, but rated hold with target 15.
Last, Salomon reduced target from 43 (sic) to 22, now they have nothing on CDN on their website.
Impressive growth in sales and eps per S&P report.
Anyone has any reports to post?
Alfredo
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