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Technology Stocks : SDRC - Structural Dynamics Research Corp.
SDRC 0.421-1.3%Dec 31 2:16 PM EST

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To: Jerry Rush who wrote (908)4/22/1999 5:50:00 PM
From: neko  Read Replies (1) of 946
 
Such a good solid quarter that I was really shocked the stock didn't do much. I've noticed that the analysts that follow this stock always wait until the conference call before changing their recommendation. PMTC really let the investors down this quarter which may hurt the sector. ANSS did extremely well, and I think MNS will do ok, but they always seem to have a much less coverage than PMTC or SDRC. I'm always amazed at how little people pay attention to SDRC, even DASTY doesn't get a lot of coverage in the USA.

I think this quarter will establish a long slow uptrend in the stock. With all the high PE stocks out there, there will be a move to better value stocks with good PEG. I think SDRC is a good buy below $19, and worth $30 before the end of 2000. I also think ANSS is a great buy at $6.5 as it closed today, but will open much higher after it announced earning after the market closed today. I raised my price target on them to $16 before years end.

prrr,
neko
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