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Technology Stocks : Cadence Design Systems

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To: j7brink who wrote (268)	7/21/1998 1:41:00 PM
From: Scott Sorochak	Read Replies (1) of 668

I'll take those puts...everyone last one of em'...CDN WILL hit $.26 this quarter and at its current price of $30.25 its trading at 26x this years (E)EPS of $1.18 and 20x next years earnings of (E)EPS $1.48...they've sustained almost 50% growth in the past 5 years and they are kicking the crap out of Avant! in their legal battle...you should have loaded up on this when it dipped down to 25 and change intraday last week....I predict after earnings are released CDN goes to mid 30's and by quarter end we're in the low 40's...go LONG. S

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