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Technology Stocks : Cadence Design Systems -- Ignore unavailable to you. Want to Upgrade?


To: Carl R. who wrote (536)9/10/1999 11:27:00 AM
From: Ian@SI  Read Replies (1) | Respond to of 668
 
Carl,

I agree with your view.

Unless CDN releases some severe fundamental news or the market tanks, its unlikely to see 10 again short of a split.

Recent news implies that the subscription revenue approach is taking hold which should make steady, growing revenues more certain than they ever were before.

And I just don't see the market tanking while employment and the economy remain as robust as they currently are.

With the selloff of the sector leader to under $10, the fund dumbs gave us a gift. For that, I thank them.

Ian.



To: Carl R. who wrote (536)9/26/1999 3:34:00 AM
From: Dinesh  Respond to of 668
 
>Since you wanted CDN to go down in reaction to the bad news of the adverse decision, I presume you're short CDN then?<

Sorry it took me so long to respond; but I had such a
wonderful time being away from the keyboard.

Don't be in a rush to form judgements. FYI I am neither
long nor short CDN -- never mind that $10 stop that you
mention.

CDN is waiting for a *positive* news. It may take
a while. The management is still groping in dark.

Regards
Dinesh