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Technology Stocks : Cadence Design Systems

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To: Cautious_Optimist who wrote (419)	6/4/1999 9:15:00 PM
From: arnie h	Read Replies (1) of 668

John: Thanks for my question about why I should be voting for the current Proxy proposals. Your views on repricing options have the same spin as offered by management. From the perspective of an investor, and a long term one at that, I don't see why we would want to continue the services of people who need to get options repriced whenever the stock price drops and never, ever buy stock on the open market. The amount of insider selling and total lack of insider buying hardly makes one comfortable that the people running this outfit have much confidence in what they do. It is hard to make a case that these are outstanding people. My guess is the butcher, the baker and the candlestick maker can do a better job. I voted against all management proposals except for retaining Arthur Andersen. Arnie

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