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Technology Stocks : Cadence Design Systems
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To: PMylnar who wrote (247)7/2/1998 1:57:00 PM
From: pgw122  Read Replies (1) of 668
 
Look,

They sold ~$220M per year in Japan and Korea last year. They won't get near that this year. Plus currency losses from Japan and Korea. I heard from some Innotek/cadence salesman at DAC that their business was down (in yen) 10%. Factor in currency of another 10% and you start getting real money. Cadence is a high flyer and the higher they fly, the lower they can fall.
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