Please see this:http://www.eetimes.com/news/latest/showArticle.jhtml;jsessionid=3CEC0DKM10CZMQSNDLOSKH0CJUNN2JVN?articleID=217700881
Thanks for the link. Its a wonderful article with in-depth analysis of the company and the industry fully supported by factual data, written by a well-respected authority on the subject. And the best part is..... its only a THREE LINE ARTICLE.
This is old news - the future, not the past, is the key to successful investing.
Yes it is old news but the point is that CDNS is behaving like GM and Chrysler. They are in denial and still keep business as usual. Unless they slim down like the car companies they will lose $40-80M per quarter.
I agree, the information on CDNS is old news. Something interesting though is that most of the others in the "10 worst" are LARGE CDNS customers. As they flounder, it compounds things negatively for CDNS