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Technology Stocks : Cadence Design Systems
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To: Carl R. who wrote (536)9/10/1999 11:27:00 AM
From: Ian@SI  Read Replies (1) of 668
 
Carl,

I agree with your view.

Unless CDN releases some severe fundamental news or the market tanks, its unlikely to see 10 again short of a split.

Recent news implies that the subscription revenue approach is taking hold which should make steady, growing revenues more certain than they ever were before.

And I just don't see the market tanking while employment and the economy remain as robust as they currently are.

With the selloff of the sector leader to under $10, the fund dumbs gave us a gift. For that, I thank them.

Ian.
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