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Technology Stocks : Quickturn (QKTN) -- Ignore unavailable to you. Want to Upgrade?


To: Cymeed who wrote (187)12/18/1997 2:06:00 AM
From: FJB  Respond to of 251
 
Cymeed,

I don't know the answers to your questions. I hope someone who does will step in and address them.

Bob



To: Cymeed who wrote (187)12/26/1997 7:22:00 AM
From: Ed S  Respond to of 251
 
This is in response to your December 18th comments. Your comments are very helpful. To answer a couple of your questions:

1. In 1996 Asia comprised about 25% to 30% of QKTN's business. I do not know the current percentages and whether the current Asian situation in general has resulted in a slow down in orders for QKTN.

2. As to whether QKTN reduced prices due to competition from Ikos, my understanding is that QKTN did cut prices (in some cases sustantially) to gain the orders.

Good luck.



To: Cymeed who wrote (187)12/27/1997 3:30:00 PM
From: Ed S  Read Replies (1) | Respond to of 251
 
This is a further comment regarding your December 18th question as to whether QKTN cut prices due to competition from IKOS. In the October 13, 1997 Value Line Special Situations there is the following statement:

"According to the company (IKOS), Quickturn is being much more aggressive on price than IKOS had peviously expected. While Quickturn's products are listed at twice the price of those of IKOS, and IKOS was offering a 20%-30% discount off of list price, Quickturn came in below IKOS on price for one deal and was competitive on the other."

Good luck.