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Synopsys Inc. Message Board

  • profittaker8 profittaker8 May 16, 2008 3:54 PM Flag

    Is the management mad?????????

    Why does SNPS at this credit crunch period can still afford to buy another comapny? Is it wise as most semiconductor company such as ARM and Magma has dropped like a ton of brick recently? SNPS stands no chance of sustaining any gain in this climate unless there is a miracle!

    They are having an earning report next week. Is the management mad?

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Where in your opinion should this company spend one billion of cache ?

      • 1 Reply to kvt_1972
      • Remember back in February, even though the earnings reports were positive and beat the estimate in successions, thanks to the markets, SNPS tanked to a 52 week low of $21.15 from $29.11.

        Will history repeat itself once again that next week SNPS climbs up to $27 or $30 on false hopes and plunge again to below $20 after earnings being released after hours?

        At this moment in time, with DOW and NASDAQ retreating every single day, IMO, every person should run for their lives. It will be more than a miracle for SNPS to stay above yesterday's share price!

 
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