avnt and cdn will go on fighting for a while, but why waste time and money on these. Instead try this one..
To those who are interested in making money while minimizing the downside, look up CWYR, very cheep stock, excellent growth potential 100% to 500% gains. Here is the information I have on the company.
CWYR is a small bb company with a very big play in comparison to its total stock outstanding and a good management in place. Recently a discovery has been made nearby and the rumor is that a lot of 3-D seismic companies are wanting to do their 3-D seismic for them in return for an interest or the like with over 50000 acres already tied up in an area where they have a good chance of discovering sizable fields the company has exposure to a very large upside if anyone wants to do their due diligence they should do what I have done, call up the company president at his 800-938-3778 and get the low down from the man himself.
As for me I am buying this at the current prices and more than likely will make a handsome profit.
CDN's CEO Harding was interviewed on CNBC this morning at about 10:45am. The CNBC introduction, IMO, was somewhat misinformed. The CNBC host said that since CDN is in the "semi" business that they see tough times for the next year. Harding politely corrected him and said that his company is involved with the R&D software development, not manufacturing. Harding also said that he sees CDN continuing to do well and positions much growth in the low end semi design customers (which avoids competition from Intel).
In addition, Harding said that the support services are doing very well because of the Asian crisis. He said that many of CDN's customers that used to design in house are farming support services out to CDN. Harding said that CDN has good "hedging" positions in regards to Asia's effect.
The CNBC host asked Harding if he thought any of his customers may curb their R&D and therefore have an effect on CDN. Harding's reply was that curbing manufacturing of their existing products is more likely. If they do cut R&D, competition that does not would quickly take their place.
His comments are logical, although I'm not sure what the "hedge" could be, other than a good book of N.Amer. & Euro business. Saw the guy at the H & Q conference and he seemed quietly confident there as well.