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Technology Stocks : MENTOR GRAPHICS -- Ignore unavailable to you. Want to Upgrade?

To: Chinacat who wrote (166)	8/24/1998 2:03:00 PM
From: Chinacat	Read Replies (1) \| Respond to of 376

From EE Times <<Cadence bids for Ambit>> >>>>> Posted: 10:45 a.m., EDT, 8/21/98 EDA shares fall on Cadence-Ambit rumor By Richard Goering MOUNTAIN VIEW, Calif. +erY-pSpeculation of an imminent acquisition of Ambit Design Systems Inc. by Cadence Design Systems Inc. was at least partially responsible for a sudden drop yesterday in the shares of Synopsys Inc., observers said. Synopsys' stock dropped nearly 12 percent to close at 31 3/16 and other EDA suppliers suffered smaller losses on the day. Sources said Thursday that Cadence (San Jose, Calif.) was expected to announce an acquisition of Ambit (Santa Clara, Calif.) for about $250 million. No announcement came, and representatives of both Cadence and Ambit declined to comment on the rumors. An acquisition of Ambit would put Cadence back into the synthesis market and place it in direct competition with Synopsys. It could also derail the existing cooperation between the market's two largest EDA companies, including the purchase by Cadence's services organization of Synopsys' Design Compiler. But the Ambit rumor may not be the whole story. Jennifer Smith, an analyst at Robertson Stephens and Co., said investors are concerned about the Asian financial crisis and by recent announcements of earnings shortfalls by several semiconductor companies. There's additional concern that Synopsys' product license revenue might be "light" this quarter due primarily to the way Synopsys counts revenues. Cadence closed Thursday at 28 3/8, off about 1.5 percent. Mentor Graphics Corp. and Avant! Corp. also experienced slight drops.

To: Chinacat who wrote (166)	9/16/1998 11:57:00 PM
From: softcash	Respond to of 376

Quick turn's stock price - what is fair? Take a look at Quickturn's stock price over the last few years. Here's a run down: experienced several BIG, BIG and FAST Crashes: middle of 1994 from $11 to 5 end of 1994 from $14 to 6 end of March 1998 from $16 to 8 Only one long term steady rise in stock price: from Jan 1995 to Beginning of December 1996 Last uptrend that last more than 3 months: from May to July 1997 Their stock went in a BAD down trend from February 1998 to June 1998. In June 1998 it stopped it's free fall. I suspect due to take over rumors that others knew about and general public didn't! For almost all of June and July of 1998 the price was around $7.5/share. Not to mention that the volume during that time was three x or more than previous months averages!!!! Perhaps that was Mentor buying up the shares and keeping the price right at 7.5??? Again, MENT does QKTN a big service by buying up shares! If they didn't who knows where the QKTN stock would be now, especially after the end of August bashing and slashing! I suspect that if it wasn't for MENT's bid, QKTN would be MUCH MUCH LOWER!!! Than $7.5 right now. Most likely around 4.5 - 5. If the takeover doesn't go through, QKTN shareholders can kiss the $10.5 good buy and remember how fast and how far down QKTN stock prices can drop!! See at the beginning of this post if you have short-term memory. They will loose 50% in a flash. Anybody care to comment on these facts? Or do you have your own interpretation of these numbers or what will happen to QKTN stock price if the merger doesn't go through?? Again, this post is only my opinion. You must make your own choice to buy or sell. Anything you read here should be carefully verified by YOUR OWN MEANS. In other words, the information should be taken with a grain of salt! Not very big in this case.

To: Chinacat who wrote (166)	9/17/1998 12:10:00 AM
From: softcash	Respond to of 376

MENT needs to have this deal. MENT has been banging their head against the wall or should I say against Cadence and Synopsys to be more exact. System strategies have changed in the last couple of years. I'm sure most have heard about system on a chip (SOC). MENT, SNPS and CDN has their own version of what it will look like. Cadence has already conceded the synthesis race with SNPS. SNPS won that. But SNPS still has Ambit to deal with. Not sure how that will pan out. There are many things companies can do to turn themselves around. MENT it seems has finally figured out how to make alittle more money each quarter instead of loosing it. They need to broaden their horizon. But yet satisfy their goal of SOC. Quickturn provides MENT an enhancement to their SOC goals. They need to do this quickly because Synopsys and Cadence (larger companies by the way) are not sitting on their thumbs. I think the move is very interesting compared to moves SNPS and CDN has made. Talk about getting closer to silicon. It will be good for MENT to get close to silicon and Quickturn's customers. This will help improve MENT's tools and image among chip designers. I suspect that if SNPS or CDN would try to one up MENT on this one, they would have to buy National Semiconductor. Personally, I hope the merger goes through. I think they need each other.