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


To: Naveen Kumar who wrote (622)1/25/2000 10:36:00 AM
From: johariwindow  Respond to of 668
 
As more block buys continue to occur, the imminent break out will not be contained... The recent accumulation (so close to earnings) and the new 26 wk high bode well for CDN. The numbers should be looking good if this is any indication (hopefully we hit 1 cent EPS).

If we can close over 24 1/2 we will be through the resistance level. Providing that the overall market does not get REAL ugly, the ongoing momentum of the semi sector should propel us as well. Today's announcement will surely make this interesting...

With two quarters of missed estimates behind us, let's all keep our outlook positive and be confident of the investment decisions we've made...

All of course, IMHO. Disclosure, long CDN.

Regards,