BusinessWeek: Inside Wall Street - MSC Software; Highlights from BusinessWeek's June 4, 2001 Issue
NEW YORK--May 25, 2001--MSC Software (MNS) -- This tech company manufactures simulation software to stress-test products such as cars and rockets before manufacturing begins, and they have now created software accessible to companies that have smaller, more mundane products.They have already signed Cooper Tire, Medtronics and Cleveland Golf. MSC is expanding by taking a product loved by engineers to the mainstream, says Daniel Bandi, co-manager of Armada Small-Cap Value Fund. They hit a 52-week high of $18.85 on May 22. Bandi's yearend target is $30.