AI
Sunday, February 03, 2008 2:12:41 PM
Hello Glenn!
Yea, talk about ouch! They guided lower for 2008 and about 27% lower for 1st quarter of 2008.
http://www.thestreet.com/_yahoo/newsanalysis/techsoftware/10401278.html?cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA
Looking at other EDA companies, we have all taken a bit of a beating since the Oct highs, with Mentor Graphics and Cadence taking the worst. Cadence and Synopsys are the biggest players, with Magma and Mentor being the smaller fish.
We've lost over half our market cap since Oct. Going to be quite a while before we see the 20's again. <Sigh....>
Yea, talk about ouch! They guided lower for 2008 and about 27% lower for 1st quarter of 2008.
http://www.thestreet.com/_yahoo/newsanalysis/techsoftware/10401278.html?cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA
Looking at other EDA companies, we have all taken a bit of a beating since the Oct highs, with Mentor Graphics and Cadence taking the worst. Cadence and Synopsys are the biggest players, with Magma and Mentor being the smaller fish.
We've lost over half our market cap since Oct. Going to be quite a while before we see the 20's again. <Sigh....>
Jared
jjames10@nc.rr.com
"Don't Panic!"
