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Technology Stocks : Summit Design (SMMT)-Another EPIC?
SMMT 17.04-13.5%Jan 12 3:59 PM EST
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To: Claude Edelson who wrote (34)12/28/1997 4:04:00 PM
From: Geof Hollingsworth  Read Replies (1) of 100
 
>Smmt had little if any Asian exposure.<

That's news to me. Last I checked, they had a lot of business from the major systems houses in Japan and a significant relationship with their Korean distributor (they owned the Korean sub jointly, at one point). If they, in fact, now have little Asian exposure that implies a major loss of market share there. In the EDA business, the only think worse than having lots of exposure to Asia is not having any (can't be a player in the long run without a major presence there, IMHO).
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