>    In the 5 years Ray Bingham was the CEO of Cadence, CDN market cap
>    went from $3.09B to $3.63B.  A gain of 17.5%.  In Mike Fister's
>    3 years, CDNS market cap went to $6.01B -- up a whopping 65.7%!
>    I may love to harrass Fister for his wingtip Ferragamo shoes, his
>    Armani suits and his incomprehensible Alan Greenspan-speak, but I
>    can't fault him for the positive influence he has on Wall Street
>    and CDNS shares.  Because, like it or not, as Cadence goes up,
>    overall EDA goes up.  As Cadence goes down, overall EDA goes down.
>    (booth 2753)  Ask for Mike Fister.  Freebie: $100 every 3 minutes
>
>        - from http://www.deepchip.com/gadfly/gad060107.html#27


MON, JUNE 3, 10:14 PM -- This morning the New York Times reported a rumor
that Cadence was in talks to go private by being bought out by Kohlberg
Kravis Roberts and the Blackstone Group.  The NY Times story suggested
some other private equity firms may join in, but warned that some other
private firms had already passed on the deal.  The story warned "a deal may
not happen because of the complicated risks in the company's business."

Richard Goering followed up on this story with:

   "A private equity buyout would probably be a good deal for Cadence
    management and existing shareholders, but not necessarily customers,
    said Erach Desai, analyst at America's Growth Capital."

   "For cost savings, they're going to slash expenses, and that means
    people," Desai said.  "Some cuts in sales and marketing may be
    justified, but they're also going to push into R&D and applications
    with cuts too."

So if this rumor becomes true, Desai is predicting large layoffs at Cadence.