| MacCAD News: Diehl Graphsoft's Positive Impression on Wallstreet! - 17 Nov 99.
Diehl Graphsoft's dramatic stock rise has grabbed the attention of leading financial experts. According to a press release: Recently posting a 176% stock increase, Diehl Graphsoft, Inc. (nasdaq:DIEG) continues to grab the attention of financial experts with its escalating stock performance. In a currently capricious stock market that has witnessed a downslide among large company stocks, experts are turning their attention to smaller cap stocks, like Diehl Graphsoft. The majority of the 176% stock increase occurred in the past month, following the announcement of a strong first quarter performance for fiscal year 2000. In an interview reported by leading online financial news site, CBS MarketWatch, Richard Perkins, president of Perkins Capital Management, discussed the subject of small companies on the verge of "breaking out" and emphasized the need to research companies by reading, listening and watching charts. Perkins stated, "A good example of a company I found out about by researching this way is Diehl Graphsoft. I just found out about it and haven't bought it yet, but it is an interesting stock." For further information on the interview, http://cbs.marketwatch.com/archive/19991110/news/current/microcap.htx?source Diehl Graphsoft has made great strides over the last year, since the introduction of their award-winning MiniCAD VectorWorks 8.0 at Macworld Expo San Francisco, 1999. The firm has made impressive inroads on the Windows platform, stealing market share from CAD giant AutoDesk (Autocad) and others. In Japan, VectorWorks has been shown to be the leading CAD application for the architectural market, besting Autocad and Microstation. In addition, the company's CAD app has been recently selected as a preferred application for architects in the United Kingdom as well. To learn more about these stories read our special report on Diehl Graphsoft.
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