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Technology Stocks
Summit Design (SMMT)-Another EPIC?
An SI Board Since March 1997
Posts SubjectMarks Bans Symbol
100 2 0 SMMT
Emcee:  Geof Hollingsworth Type:  Unmoderated
Anyone else interested in this EDA company? It was a quiet IPO last October at $9.50, and has "traded" by appointment ever since. They are the the leaders in graphical tools for IC designers using hardware description languages (VHDL). They are partnered with Synopsis and Cadence, competing with a product from Mentor and with a Swiss company called Speed. They just acquired TriQuest, another HDL analysis/optimization tool vendor.

Robertson Stephens and Needham did the offering-Needham has '97 earnings estimated at .37, which gives a P/E of about 24X at today's price.

Other info at www.summit-design.com
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100 I started a new INOV thread which will be SMMT's new ticker symbol as of MaJohn Mav-2/23/2000
99viewlogic.comJohn Mav-2/22/2000
98 I don't want to get in unless I see it begins to make money. dragonpawn-7/30/1999
97 17:22 [SMMT] SUMMIT SEES Q2 EPS BREAKEVEN TO 2 CENT LOSS VS. FIRST CALL OF 4 CALTERN8-7/7/1999
96 Price & Bid the same at 3 3/8 this morning. Lee N-7/6/1999
95 I will be in around 2 1/2. It is too much risk to hold a stock for too long. I dragonpawn-7/4/1999
94 What did you sell at? I am still in and have not sold any. I see increased buyiLee N-6/25/1999
93 I am out today, since it up sharply with no news.dragonpawn-6/24/1999
92 Still holding also and thinking about buying more. Lee N-5/19/1999
91 I am still holding this stock. I think it will go back to double digits in a ydragonpawn-4/7/1999
90 Hi, Dragonpawn: I learned my biggest lesson of investing from last year's Xiaoping Zhang-4/7/1999
89 SMMT touches bottom now. dragonpawn-4/6/1999
88 It is normal for a small company to go up and down fast. At this level any goodragonpawn-2/24/1999
87 I'm suprised that this stock got this low. My average price is now ~3 3/4. Mike da bear-2/24/1999
86 Today's trading is bullish. Lots of big block buying.dragonpawn-2/23/1999
85 The whole market is going down, SMMT is up. The company beats both the earning Gary Ku-2/9/1999
84 It's back. Just reported record earnings end of Oct. Chart patterns very buMark McLeod-11/20/1998
83 Totally agree. I take a position today for a short term profit.Pete-7/28/1998
82 Surprisingly large sell off in SMMT today (down 3 1/2 at this point); perhaps tAndrew Furst-7/28/1998
81 The last Q report is very good. I do not have much time to check the report inXiaoping Zhang-7/28/1998
80 Any comments on the earnings report? In line with estimates. My guess is thaAndrew Furst-7/27/1998
79 Someone is clearly selling the stock again, this week. Is this related to the Andrew Furst-6/17/1998
78 I am new to this thread. I learned about Summit through an S&P Emerging ComLaker-5/12/1998
77 What is with this stock? Went below $15 today, after having been nearly $17 beAndrew Furst-5/6/1998
76 Good observation, Ken. It does seem that virtually all stocks are selling off Andrew Furst-4/29/1998
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