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NEW-ISSUE PIPELINE Tech World's Woes Don't Stop This IPO.(THE NEW AMERICA)

Investor's Business Daily

| November 19, 2001 | COPYRIGHT 2003 Investor's Business Daily, Inc. (Hide copyright information)Copyright

Byline: Amy Reeves

Magma Design Automation

Cupertino, CA

408-864-2000

magma-da.com

Lead underwriter:

Credit Suisse First Boston

Offering price: $9-$11

Expected date: Nov. 19

Ticker: LAVA

THE BUZZ

Now might not seem like a great time for a semiconductor-related initial public offering. But Magma's particular niche -- software that boosts performance of integrated circuits -- has a certain track record this year.

"Right now, we feel the IPO market is very trend-related," said Mike Falbo of IPOPros.com. "And due to the history, we feel the deal will do really well." …

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