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Technology Stocks : Semi Equipment Analysis
SOXX 297.50-2.6%Nov 6 4:00 PM EST
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To: Return to Sender who wrote (92165)4/23/2024 6:43:59 AM
From: Johnny Canuck1 Recommendation  Read Replies (1) of 95378
 
This is not a good sign as Cadence's business mode is based on the number of active subscription or seats. If the revenues are down in the next Q then it means the number of active designs are down since not as many seats are required or the number of new subscriptions is going to be less than expected.
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