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Technology Stocks : Autodesk! Ready to rise?
ADSK 301.36+0.2%3:59 PM EDT

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To: jim A who wrote (51)12/13/1996 11:48:00 AM
From: Tony Levy   of 77
 
Jim,

I pulled the following from www.briefing.com on 12/11:

"Autodesk Inc (ADSK) 26 -5/8: Piper Jaffray upgrades issue to "strong buy", saying company will gain competitive strength from its acquisition of Softdesk (SDSK)..."

Also on 12/12/96, ADSK floated a press release announcing 20,000 seats of Mechanical Desktop in first nine months, huge numbers for 3D CAD design.

I too am optimistic about ADSK based on its installed base in AEC, and especially the potential for 3D MAX - a very hot product in a hot (small though growing) market. I also believe executive management is/will soon be embarking on a campaign to raise the stock price.

regards,
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