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Technology Stocks : Synopsys (SNPS) Steady long term growth -- Ignore unavailable to you. Want to Upgrade?

To: tech101 who wrote (201)6/28/2000 3:28:00 AM
From: Cleo  Read Replies (1) | Respond to of 227
 
Anyone know what hit SNPS today?

The huge drop on very heavy volume, and on no apparent news (at least nothing that I saw), was puzzling.

Anyone see any news that could explain it?

thanks,
cleo



To: tech101 who wrote (201)7/26/2000 7:33:53 PM
From: Maverick  Read Replies (1) | Respond to of 227
 
ML expects SNPS to report $227M rev, $0.61 EPS
7/10/00
For Synopsys' 3Q00, due to be reported in mid-August, we are
estimating revenues and earnings of $227 million, up 10%, and $0.61 a share including amortization, vs. $0.65 a share. Among the key variables to note for the quarter are the overall license mix, the growth (presumably slower) in Design Compiler, and the prospective change in the company's intended revenue recognition model.


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