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Technology Stocks : MENTOR GRAPHICS
MENT 37.250.0%Mar 31 5:00 PM EST

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To: bhakta who wrote (120)7/29/1997 5:24:00 PM
From: Judy Cohen   of 376
 
Hi -

No prediction near term on my part. They sound up-beat about the future (down-beat about the past). So, if they are correct, I would expect the steady climb since May to continue.

They were exactly on the earnings estimates, and their recent purchases of their own company shares leads me to believe that they believe the future looks good.

I don't expect a big bounce because there was no surprise. We'll see.

Judy
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