And how exactly is Wally running the company? By giving the management fat and bloated paychecks and running the company like their private club? Ichan is the man... and he will get his nominees elected..if it wasn't for him this stock would be still below $10
Purely based on recent revenue numbers & projections and without Icahn presence, it is a $12-$13 stock. The stock actually trading at $14+ is a good bonus! It is hard to believe that MENT alone is being cast as the rampant spending EDA company. It was 2 years ago. Not anymore. Cadence and MENT are similar and close to being identical from numbers perspective. MENT board is going to beat Icahn handily. With a blow out quarter and great projections for upcoming year, it'll be impossible for Icahn to win. If MENT comes true on revenue and cost promises, it can easily get to $18-$20 by the end of the year.
Read it with a pinch of salt... The DeepChip guy was on pay rolls of MENT just a few weeks ago. (as a consultant). He promised to bring out the survey result long back (2/16) but was probably asked by MENT to hold back and released it on (3/12) only.