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The CAD Stock game

After seeing a couple of press releases from MSC, I was curious how various CAD/CAE stocks had done relative to each other over the last year.  Here's a Yahoo chart listing Autodesk, PTC, Dassault, MSC, and Ansys:

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I guess MSC has done pretty well for the last year.

 

Posted on Tuesday, April 4, 2006 at 08:14AM by Registered CommenterEvan Yares in | Comments1 Comment

Reader Comments (1)

Hi Evan,
Your observation is technically true, but taken out of a bigger context. MSC stock has been depressed for quite a while. The housecleaning that took place last Feb-July in the top management ranks was seen as a hopeful sign that Weyand & Co. would finally get MSC back on track (and perhaps package it up for an attractively-priced sale), leading to a rise in the stock price, even though they still haven't even re-stated their 2002-2003 financial results and even released any 2004 or 2005 results. To put it in long-term historical perspective, MSC went public in 1983 at a (split-adjusted) price of 10.375, so their total growth in 23 years has been ~100% -- not an impressive ROE per share.
April 13, 2006 | Unregistered CommenterDr. D

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