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


To: PMylnar who wrote (173)1/14/1998 11:51:00 AM
From: Ivan  Read Replies (1) | Respond to of 668
 
No idea. New president of CDN promised two extra days off to all employees if CDN hit stretch plan numbers, which are high side EPS estimates. Unlikely he would come in on Joe Costello's heels and make an offer he coudn't deliver on. Service business is strong and capacity (i.e. ability to deliver) has grown. Products are best in class and sales are strong. P&R products are displacing Avant! in a number of accounts. Stock should be 35 now(Looking at .91 EPS for 97, which they should make or exceed, 30-35% growth *despite* Asia (based on company statement in Singapore)). IMHO.



To: PMylnar who wrote (173)1/14/1998 1:16:00 PM
From: goro  Read Replies (1) | Respond to of 668
 
Asian exposure and semiconductrs.