TRISTATE MARKET SPOTLIGHT
SDRC up after analyst boosts rating
Wednesday, November 18, 1998
Shares of Structural Dynamics Research Corp. gained 50 cents Tuesday to close at $17.50, a three-month high.
Stock in the Milford-based software designer moved up after analyst Jennifer Smith at BancBoston Robertson Stephens boosted her recommendation on SDRC to "buy" from long-term "attractive." SDRC started trading down this summer as concern about the impact of the Asian recession mounted. Asia is an important market for SDRC.
The stock is down 22 percent this year, though it has gained momentum recently.
Business Headlines for Wednesday, November 18, 1998Ad council to honor Pepper
DaimlerChrysler opens trading
Food, gasoline prices push up October index
INDUSTRY NOTES: MEDIA & MARKETING
Interest rates cut 3rd time in 2 mos.
Michel Tire in merger accord
Minority business students aided
PEOPLE ON THE MOVE
TRISTATE MARKET SPOTLIGHT
TRISTATE SUMMARY
