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Don,

I'm working for a direct (privately owned) competitor of Ansys and I hate to say it: these guys are good.

Our market (computer simulation) is expanding worldwide. A little maths: a crash test of a car easily costs you a million dollars (the prototype is so expansive). The computer simulation for that maybe costs you 50 Grand or less.

The future need for more simulation in the automotive and aerospace industry seems unlimited: the vision of many companies is to completely eliminate physical testing during design iterations. Only one final test before launch, that's it. (The aerospace guys are already there e.g. Boeing 787, it's challenging, though, one of the reasons for the delay BTW).

I would buy Ansys myself, but I have some moral issues since I work for the competition :-( (our business is doing great as well though)

My 2 cts

Hello Michael, I really appreciate knowing that, and any comments from you are worth somewhat more than 2 cents! Actually, I'm currently maxed out myself, but assuming that this makes the move on volume, I'm going to dump my worst performing position and take a run at this one.

Thanks again. Don

Don,

I'll let you know when I hear some "industry rumor".

Cheers

Thanks, Michael!

I agree with Michael, as a former user of their products and a former investor in their competitor, MSCS (NASTRAn, Adams, etc), these guys have done a fantastic job. This whole industry was killing it, but I was a little skeptical about ANSS because of their constant purchases which made it hard to really model what their organic growth was (Dassault had issues with not being able to integrate). Management is great.

Hello Swift107, Thanks for that additional info. I watched this at the close today, and although it's very highly rated, the volume failed to meet my minimum (2 st devs)s, so for now I'm just going to admire this from afar, and wait for further price and vol action.By the way, great start here (your performance)! Don

Not my kinda stock anyway, too expensive for me. Thanks, I've been holding most of that since august, so it's about time. Unfortunately Covestor doesnt show options but thats where i made my most money.