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Technology Stocks : Cadence Design Systems
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To: arnie h who wrote (406)5/19/1999 9:20:00 PM
From: Carl R.  Read Replies (2) of 668
 
I doubled up today as I thought we bounced nicely off 11 forming that double bottom. With the SOX strong, I would think we should head back to 13-14. This company dominates the EDA sector. To me it's like buying Intel at $15.

AMAT says sales of systems fo .18µ are strong, so the chip makers will need design tools to go with them. CDN should have a good year.

Carl
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