Old news:
COLUMBIA, Md., Feb 18, 2000 (BUSINESS WIRE) -- Representatives of computer aided design (CAD) software developer, Diehl Graphsoft, Inc. (Nasdaq:DIEG) today announced that it has been acquired by IT/AEC software development firm, Nemetschek AG, for $9.50 per share in cash in a deal valued at approximately $30
Million.
I read today that Autodesk stock price dropped 12% to $27.54. (Estimates of upgrade boost were downplayed by an expert.) They apparently have a client base of 1.5 million but the expert thought only 800,000 would upgrade. Could those numbers be correct?
Diehl Graphisoft stock is around $9.34, and is trading in a very narrow range and low volume, with a P/E of 24.
Anybody know what the client base for ArchiCAD is? I would assume it's growing and healthy. I wish more students in the US were learning it. My intern is quite adept in both, but that's because we have a good trade school here in town with an alert and clear minded faculty who appreciates ArchiCAD on its merits.
Jay S.
ADSK vs DIEG