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Cadence Design Systems Inc. Message Board

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  • edabarsteward edabarsteward Dec 11, 2008 7:00 PM Flag

    Thoughts on Earnings?

    Looks like the bar is set very low and 2009 is written off for now.

    Analysts are saying $50M of savings will come from another layoff of >600 people in 2009. Fine, but surely this will impact product roadmap and sales. They need to keep it together through 09 - a new CEO would help! I hope the interim office of the CEO is not getting too comfortable.

    I'd be tempted to buy but am concerned that things will deteriorate further.

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