Our sister publication
CADCAMNet reports today on the dramatic price slide that has hit stock prices for engineering IT in 2008. The AEC-GIS-Plant sector is down 35.84%.
The set of public companies in engineering software are down an average 38.87% since the first of the year. The individual average change ranges from up 10% (CAM software vendor Delcam) to down 74.33% (ECAD vendor Magma Designs). Of the 47 engineering software companies in this report, only two are up for the year; 14 are down 50% or more.
The CADCAMNet report shows the results by category and by company, and compares these stocks with a selected basket of IT hardware and software companies with relevance to the engineering IT industry. In addition to AEC/GIS/Plant, the categories are MCAD/CAE, CAM/RP, Channel/Services/cPDM, and ECAD. (October 9, 2008)
Follow this link to the original article at
CADCAMNet.
-- RSN