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Technology Stocks : Cadence Design Systems

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To: Alfredo Nova who wrote (401)5/17/1999 9:01:00 PM
From: arnie h  Read Replies (2) of 668
 
Alfredo: Thanks much for posting that report. It's most interesting that the analyst sees the stock price trading in the high teens/low 20's for the next 6 months. I'm not clear why you would reduce the recommendation then for a stock currently selling for 11 bucks. An increase close to 100% in the next 2-3 quarters seems like a pretty good return. And with a view that the company is the best in the industry and will get it's act together after that, I would think SSB would be pushing their clients into the stock rather than out of it. Strange logic! Can your broker add anything that will make sense out of this?

Arnie
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