Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Nevin S. who wrote (325)	2/24/1999 9:01:00 PM
From: Wizard	Read Replies (1) \| Respond to of 668

I'm hearing that business in japan has stabilized and is solid. The risk is in the margins and CDN seems like they are going to need a few quarters before a clean story emerges. However, estimates are likely close and I think its a good core tech holding. I'm buying this one as I think this stock will someday get a premium multiple to the market. I see 30x forward estimates as possible once this story gets a little cleaner. It seems to trade rather sloppy but people will need to design electronic devices and this stock will go to new highs and beyond over the next 2 years. I'm buying it here and will buy LEAPS once the company shows signs of total control.