TRISTATE MARKET SPOTLIGHT

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SDRC rises on share buyback plan

Friday, September 18, 1998

Structural Dynamics Research Corp., a Milford-based automation and testing software company, bucked the market Thursday by rising $1.43 3/4, or 14 percent, to $11.43 3/4.

Kevin Morrow, SDRC director of investor relations, attributed the increase in part to a 3 million share buyback program announced earlier in the day.

Also Thursday, a Merrill Lynch analyst identified SDRC as a potential acquisition target, saying its market value was below revenues and that it has an above-market growth rate in the teens. Mr. Morrow had no comment on the analyst report.

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TRISTATE MARKET SPOTLIGHT
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