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$2.82 -0.33 (-10.48%)
10/15/2008 3:59 PM

Magma Design Automation, Inc. (LAVA)

CAPS Rating:
**

The Company provides electronic design automation software products and related services. Its software enables chip designers produce complex integrated circuits used in the communications, computing, networking and semiconductor industries.

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Avatar walldrug1316 (< 20) Submitted: 4/25/07 1:58 PM : Outperform Start Price: $12.88 LAVA Score: -38.50

Throughout the period Magma was battling lawsuits they continued to pump money into R&D and grow their top line. Now that the distraction of litigation is out of the way they can really start to grow the bottom line. I don't think that the pop in stock price after they announced the settlement has the years of growth built into it. However, if they don't show a significant increase in profit over the next couple of quarters recent gains may not hold up.

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