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


To: GARY SETO who wrote (193)1/28/1998 7:32:00 AM
From: Yong Bradley  Respond to of 668
 
The news from the company state that they made 0.29. The made 0.21 last year.
biz.yahoo.com

They said the same thing on CNBC. This really annoys me.



To: GARY SETO who wrote (193)1/28/1998 11:05:00 AM
From: Wayners  Respond to of 668
 
Briefing appears to be wrong. First Call mean consensus estimate (always 100% diluted) was 0.28 and CDN came in with 0.29 fully diluted. Pretty bad error, especially if CNBC was also misreporting it. Looks like the street figured it out though with the large gap up this morning.



To: GARY SETO who wrote (193)1/28/1998 9:02:00 PM
From: arnie h  Read Replies (1) | Respond to of 668
 
Nah! Has to do with getting things mixed up between earnings w/o extraordinary expenses and those with. If you leave out the extraordinary expenses, they beat the first call by a small amount.

At any rate, the Street appears to have loved the report and hopefully, CDN will keep up the momentum

Sleep well.