Saturday, May 29, 1999
TRISTATE MARKET SPOTLIGHT
Structural Dynamics takes a hit
Structural Dynamics Research Corp. fell $2.50, or 12.3 percent, Friday after analyst Jennifer M. Smith at BancBoston Robertson Stephens downgraded companies in the mechanical design automation sector from “buy” to “long-term attractive.”
Stock in the the Milford company traded as low as $17, but closed the day at $17.871/2. It reached a 13-week high of $22.811/4 two weeks ago.
Ms. Smith said she downgraded the industry because she foresees a slowdown in revenues due to customers' freezing budgets.
Sports bar bets on 'bowlingo'
Shoppers will get expanded Kroger in '00
Block redeveloped in OTR
Spending rises while savings fall
Market warms up with summer heat
TRISTATE BUSINESS SUMMARY
INDUSTRY NOTES: RETAIL
PEOPLE ON THE MOVE
TRISTATE MARKET SPOTLIGHT
