Cadence Design Systems Message Board

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Technology Stocks : Cadence Design Systems

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To: LIW who wrote (242)	6/29/1998 7:14:00 PM
From: arnie h	Read Replies (1) of 668

Sorry, don't have a clue. Stock isn't acting very well considering the strong move being made by many high techs. The very heavy insider selling could be a drag, the question about bookkeeping stirred up by the short sellers another. Or perhaps, earnings will disappoint. No warning so far and it's getting late in the warning period; so maybe that's OK. The insider selling pattern has been heavy for as long as I've been following this stock so I'm kind of lulled to sleep on that. Yet, it's never a good sign when there is as much selling as CDN has. Could be a reflection that they give out lots of stock options so the insiders always can see more coming and don't hesitate to cash in always. Why there needs to be lots of stock options is another question. We'll know about earnings in a few weeks. Regards, Arnie

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