Any one can make comment on SNPS
insider activity? Yahoo 'Insider'
page for SNPS shows all were sales,
none purchase since '98 till May'99.
The activity looks very similar to
newsletter changes (copyright)
doesn�t just sell chip design and verification software.
They talk their customers into multiyear partner
relationships in which SNPS helps change the whole design
process for higher speed, better quality and faster time
to market, while integrating best-of-breed tools
from many sources to run seamlessly with the Synopsys
core. In November they announced deals with SGI
(formerly Silicon Graphics), Hitachi, STMicro electronics
This is a great way to sell
because it generates what is essentially recurring
revenue year after year. I raised my buy limit to $65, up
$5, because the stock still gives us 22 times
earnings for 22% growth.
CDN broke out $15 3/8, may make up the gap (up to
(1) Business is strongly turning
(2) Insiders are buying. According to the THomson
Investors Network Company (provided to by DLJ as one of the
selective clients status I am using). The largest insider
block buying was 250,000 shares by John Olsen, near
$14/share. Other smaller massive buyings were the following
Vicent. Sangiovanni, Alberto, Willian Porter, John
Shoven. Don Lucas, Shane Robison, Ray Bingham.
can verify this piece important information by
subscribing the Thomson Investors Network Company. I am just
copying it down here. Hope it is helpful.
You are correct; I stand corrected. Keutzer was
only quoted by Cadence, while Alberto
Sangiovanni-Vincentelli, a fellow professor at Berkeley ( of 'espresso'
fame) is on the Cadence Board of Directors.
URL for the story in eetimes
The quote attributed to Keutzer about being
"deconverted" remains intact.
"In its presentation,
Cadence quotes Kurt Keutzer, professor
engineering and computer science at the
California at Berkeley, who has made the
argument that deep-submicron effects are not
at the 50,000-gate block level. While the
Project technology places no limits on block size, it
Keutzer's argument that the assembly and routing of
blocks is the first and foremost concern.
Nano Project also brings to life the long-held view
Alberto Sangiovanni-Vincentelli, professor of
engineering and computer science at Berkeley, that
or communications design should be separate
"functional" design. Cadence does that by partitioning
those portions of blocks that handle
communications, and synthesizing them first."
want to work on first is what's most important,
in general that is communications,"
Sangiovanni-Vincentelli, a member of Cadence's board of
Your fiancial analysis may be right on, but your
interpretation of Kurt's quote and status is way off. His "de
conversion" is about needing to link synthesis and placement,
something that Cadence, Magma, Monterey and SNPS are all
hastening to do. Keutzer the heretic and says that you
don't need to do both together... Read the quote below
! I was unable to find anything about Kurt acting
as advisor to Cadence either
Keutzer, who until recently was chief technology officer
at Synopsys Inc. (Mountain View, Calif.), said that
a year ago he too was spreading the gospel about
the impact of interconnect delays. But all that
suddenly changed. �I became de-converted about the notion
of uniting synthesis with physical design,� he said.
�You can do 50,000- to 100,000-gate modules without a
new methodology, as long as you have sufficient drive