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Strategies & Market Trends : Trader J's Inner Circle
NVDA 182.35-0.6%Dec 5 9:30 AM EST

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To: BANCHEE who wrote (5862)1/25/1999 1:19:00 PM
From: Tony B  Read Replies (2) of 56535
 
Banchee - AVNT -

Sounds good for Simplex Solutions, but otherwise, just not enough for Avant. I don't think this really has anything to do with today's move. I think most investors understand that Avant has some good products and is a decent company. Unfortunately, nothing can help them get out of the stock price rut until they make some headway in their legal case. I'm quite surprised it's sitting above 20 frankly. If, somehow, they do settle their legal dispute (not including the civil case against the management), this thing should rocket. I wouldn't expect a settlement anytime soon, though. Cadence seems like it wants to rip their throats out and won't take just their arm as a substitute.

This would be a very dangerous stock to hold for very long (long or short) IMO.

llater,
Tony B
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