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Cadence Design Systems Inc. Message Board

  • CDN_Fan CDN_Fan Jul 23, 1998 2:21 AM Flag

    CDN prospects

    CDN is great for long-term. They did great last
    quarter when things weren't so good in Asia. Imagine what
    would happen when Asia's economy recovers. Whether CDN
    wins the lawsuit against AVNT or not, the outcome will
    not affect CDN. AVNT has a very small market share
    compared to CDN. Read the earnings report. CDN's revenue
    for its layout tools increased 100% from the same
    quarter last year. They won the last lawsuit, stopping
    AVNT from selling one of its software. They will win
    the next one as well. It's hard to lose when AVNT's
    software contains similar errors and messages (same bad
    English) on its graphical interface. AVNT was caught
    red-handed. The software code was already examined by
    computer experts, and the code was proven to be copied
    from CDN. But the outcome of the case will not affect
    AVNT much neither.

    CDN is always busy trying to
    acquire other smaller EDA companies and design centers.
    The management has done a great job in that area.
    Remember how CDN's stock price plunged when Joe Costello
    resigned? Has CDN's performance changed since Jack Harding
    took over? NO!!! It will continue to outperform SNPS
    and AVNT and everybody else.

    For those who
    receive Fidelity's newsletter every month, CDN is listed
    as one of the most undervalued stocks with 5 star
    rating. The fair priced as listed is $56.40. Good luck.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • We were heading for 40 in the last quarter before
      the results wee announced and that unusual charge of
      $0.37 per share, primarily associated with the
      write-off
      of in-process research and development expenses
      related to the acquisitions of Symbionics
      Group
      Limited and Excellent Design, Inc. came into the
      quarter.


      No charges to muddy the water this quarter
      Just
      furthur proof that this company is on the right
      track
      and beating expectations and turning in record
      results
      again.

      GO CDN!!!!!!!!!!!!!!!!!!!1

      CDN
      long.........and longer again


      Upgrades!! We should see
      40 within the week

      AND to quote cdn_fan "For
      those who receive Fidelity's newsletter every month,
      CDN is listed as one of the most
      undervalued
      stocks with 5 star rating. The fair priced as listed is
      $56.40. Good luck.

 
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