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Politics : Formerly About Applied Materials
AMAT 281.58-3.6%Jan 8 3:59 PM EST

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To: Cary Salsberg who wrote (56733)12/1/2001 9:33:04 PM
From: XBrit   of 70976
 
I worked as a software developer in EDA for 15 years, at IBM, Cadence and Avant!

When I left Cadence in late 1998, I cashed out my stock options at $26 average. As of yesterday, the stock is... $24. Not a great return for anybody invested there the past 3 years, hmm?

I agree with you Cary, these companies are very profitable, have some degree of monopoly power, steady moderate growth, and about as exciting as watching grass grow over any multi-year period.

quote.yahoo.com
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