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Technology Stocks : PTC
PTC 155.72+1.2%Feb 6 9:30 AM EST

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To: Ram Seetharaman who wrote (2318)7/7/1999 3:32:00 PM
From: Paul Lee  Read Replies (2) of 3646
 
Dow Jones Newswires

Rebound In Computer Design Software Mkt
Expected In '99

By MARK BOSLET

NEW YORK -- The market for computer-aided design software should
rebound significantly this year as software developers have introduced new
technology, an industry researcher said.

The market for CAD software used for mechanical design should grow
16.7% in 1999 compared with 9.8% in 1998, according to a forecast from
Daratech Inc. of Cambridge, Mass. Worldwide sales in 1999 should come to
$6.2 billion, the study said.

"It's quite a rebound" driven by revamped product lines from many vendors
and strong manufacturing economies around the globe, said Daratech Vice
President Bruce Jenkins.

Software developers also have come out with more modestly priced product
lines that open up the market to a new class of buyers, he said.

Jenkins said Daratech based its study on the first quarter results of industry
vendors and on projections the companies had for the remainder of the year.

"Engineering and manufacturing companies are stepping up their capital
investments" and vendors continue to push into industries that have room for
growth, such as the automotive industry, the report said.

Among the fastest growing companies will be Dassault Systemes SA
(DASTY), which should see computer design software sales climb 26% to
more than $1.1 billion, Daratech said.

Parametric Technology Corp. (PMTC) should see sales of its
mechanical-design software increase 24% to more than $1.2 billion, the
report said.

Computer-design software sales at other major companies should grow, with
sales at Unigraphics Solutions Inc. (UGS) up 22.6%; Autodesk Inc.
(ADKS), up 20%; International Business Machines Corp. (IBM), up 19%;
and Structural Dynamics Research Corp. (SDRC), up 16.6%.

-By Mark Boslet; 201 938-5154.

Briefing Book for: ADSK | DASTY | F.DA
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