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Technology Stocks : Cadence Design Systems

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To: Bryan who wrote (61)6/7/1997 7:04:00 PM
From: NewGun   of 668
 
Possible reasons why the stock price dropped:

1. Goldman Sachs took it off their Global Priority List, though keeping it on their Recommended List.

2. Concern about Q2 earning due to CCT acquisition.

3. Big AVNT news on Friday.

At the current price level CDN seems a good value with no bad surprise on Q2 eps.

Does anybody have any idea about their Q2 business?
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